Scott White to Lead Virginia Bureau of Insurance
White will head an agency with 192 employees and a $27 million annual budget.
Think 7% Returns Are Coming Back Anytime Soon? Think Again.
Two prominent investment strategists cautioned advisors about future gains in client portfolios at FPA’s annual conference.
Bank Behind ‘Fearless Girl’ Statue Settles Gender Pay Dispute
State Street will pay will pay $5 million to more than 300 women.
BlackRock Jumps to the Defense of Index Investing
The balance in market share between passive and active investing is self-regulating, the index fund provider says.
Schwab Announces Lower Cost ETF for 1,000 Largest US Stocks
The Schwab 1000 Index ETF has an operating expense ratio of five basis points compared with 10-15 basis points for comparable funds from competitors.
Watch the US Dollar if You Own Emerging Market Securities
A weak dollar has been key for rally in emerging market stocks and bonds; a reversal could crush that trade, say strategists.
Envision, US Bancorp Launch Mutual Fund Platform: Portfolio Products
Meanwhile, Hartford Funds and NuShares launch new ETFs.
Goldman Starts Smart Beta ETF Price War
The price war that had been raging among mutual funds, then spread into ETFs, has now spilled over into the smart beta ETF space.
Fees Are Not the Enemy of Investors
Sales charges discourage active trading, and most people are terrible active traders.
Sen. Shelby Doesn't Think Trump Will Reappoint Yellen to Fed
The Republican senator from Alabama had spoken with Trump about the Fed before discussing his expectations on Bloomberg TV.