Economy & Markets
The important economic and stock market news that advisors need to know.
Vanguard Sees 90% Drop in Target Date Fund Flows: Report
By Bernice NapachMeanwhile, Fidelity's Freedom Index Series had the biggest inflows among the top 10 TDF series for 2020, according to Morningstar.
January 13, 2021
ARK's Cathie Wood: Big Shift From Bonds to Stocks Is ComingAlternative assets, including real estate and Bitcoin, will also benefit from this shift, she says.
January 13, 2021
Top 10 Predictions for Wealth Management in 2021: Aite Group"The length of the pandemic is changing our industry for good," Aite research director Alois Pirker says.
January 11, 2021
Wall Street Firms Halt Political Contributions After Capitol RiotJPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley are among the companies pausing contributions.
January 11, 2021
Biden Plans to Act Immediately on Student Debt ReliefHe will extend the moratorium on federal loan payments and wants Congress to cancel $10,000 of student debt, a Biden advisor says.
January 11, 2021
Mystery Variable Annuity Holders Tend to Drift Away: RuarkAnalysts also found that customers with richer guarantees had a tighter grip on their contracts.
January 11, 2021
Sound Income Strategies Launches ETFs for Retirees: Portfolio ProductsAlso, new Hamilton Lane fund expands access to private markets for individual investors.
January 11, 2021
33 Undervalued Stock Picks for 2021: MorningstarHere are some stocks that have room to grow in 11 sectors, according to the research firm.