SIFMA Economic Panel Trims Outook for Growth, Inflation
The panel now expects GDP will grow 2.1% this year while inflation rises 1.8%.
Goldman Sachs Launches First Bond ETF: Portfolio Products
Nuveen also launched two new ETFs that track ESG criteria.
Arnott: Win at Factor Investing by Buying the Losers
During an Inside Smart Beta discussion, Rob Arnott explains that performance chasing doesn't work with smart beta.
Vanguard Strategy Exec to Retire
Glenn Reed will step down, with Chris McIsaac taking over his responsibilities, the fund giant says.
TIAA Launches Robo-Advisor With Socially Responsible Options
Unlike most other robo-advisors, TIAA Personal Portfolio offers passive, active and socially responsible investment choices.
Fidelity Launches Municipal Income 2025 Fund: Portfolio Products
Also, Gurtin Municipal Bond Management launched a Municipal Social Advancement strategy.
Impact Investing’s ‘Moment of Truth’ as Trump Exits Paris Accord
The head of a fossil-fuel-free mutual fund says Trump's withdrawal gives investors and companies the responsibility of reducing emissions.
Illinois Cut Near Junk by S&P, Lowest Ever for a US State
S&P also warned that the state could soon lose its investment grade status if the governor and legislature don't agree on a budget addressing deficits.
ETFs and Cash Trump Mutual Funds in Advisor Usage
Exchange-traded funds continue to gain popularity at the expense of mutual funds among financial advisors, according to a new survey by the FPA.
My Smart Beta ETF Premised on Cats Rang Up an 849,751% Return
I designed my own factor fund as a way of learning about one of Wall Street’s hottest trends — and its pitfalls.