Smart Beta and Active ETFs Record Net Inflows in May
By Michael S. FischerActive funds have had 41 months of net inflows, smart beta funds 28 months.
July 13, 2018
SEC Charges Firms That Used 'Squeaky Clean' Testimonial Service: EnforcementThe marketing firm advertised the testimonial program as "100% compliant."
July 13, 2018
Wells Fargo Misses Earnings Estimates, Reports $114M Wealth-Unit RefundNet income retreats 11% to $5.2 billion; bank's average loans in quarter lowest in more than two years.
July 13, 2018
Cloud Storage Helps FINRA Process 'Unprecedented' Amount of Market Activity"Our staff has access to petabytes of data in seconds or minutes," FINRA's tech chief says.
July 12, 2018
Independent Marketers Post Higher Final Expense Life SalesThe average age of a purchaser was about 63, according to new Life Insurers Council data.
July 12, 2018
Firm Completes $129.6 Million LTCI Commission Receivables SecuritizationA team at KeyBanc Capital Markets handled the transaction.
July 12, 2018
New Program Can Help Supplemental Insurance Holders Start Claim ProcessA UnitedHealth unit says a team can help a worker collect critical illness, hospital indemnity or accident benefits.
July 12, 2018
Morningstar Launches Its Own Funds for AdvisorsThe SEC registration for the Morningstar Funds Trust is now effective, allowing Morningstar to begin converting its Morningstar Managed Portfolio assets to Morningstar Funds.