Top Portfolio Products: Vanguard Reopens Fund, Shifts Managers
Forethought Life Insurance launches retirement business development department.
Inside ETFs Event to Feature McNabb, Gundlach, Siegel
The four-day event includes workshops and should — weather permitting — draw some 2,000 advisors and other guests.
Invesco Buys Jemstep
With the deal, Invesco wants to "unite world-class investment management capabilities, Silicon Valley technology and expert human advice to deliver a comprehensive digital solution."
Investors Pulled $35B Out of Active Funds Last Month: Morningstar
Some (but not all) PIMCO funds are losing investors at a fast clip, while Vanguard shines.
Vanguard Says Its Lower Fund Fees Saved Investors $12.4 Million in a Year
However, the pull of index funds is hurting active managers and other Wall Street players.
8 Funds Get New Morningstar Ratings
One fund is upgraded, while others get downgraded by analysts with the research group.
Janney Grabs Wealth Planning Exec From Vanguard
Martin Schamis comes over to lead planning solutions for the firm's 740 financial advisors.
10 Funds Get New Morningstar Ratings
Several funds are upgraded, while others get downgraded by analysts with the research group.
Investors Exit Active Funds to Tune of $159B Over Past Year: Morningstar
Morningstar reports $14.3 billion exited U.S. equity mutual funds and ETFs in July, but J.P. Morgan, American Funds buck active trend.
Top Portfolio Products: Schwab Adds Commission-Free ETFs
Tortoise rolls out a North American pipeline fund; Compass launches volatility-weighted ETFs.