Index specialist's cheaper funds gaining fast on BlackRock, State Street; 'hard pill to swallow'
BlackRock Inc. is losing its tight grip on the $927 billion U.S. ETF market — potentially costing the company hundreds of millions of dollars in revenue — and the competition is just starting to heat up
The Vanguard Group Inc. is looking to expand its non-U.S. exchange-traded-fund business in the next five years. Specifically, the firm intends to enter Hong Kong and Canada next year, said F. William McNabb II, president and CEO.
Exchange-traded funds that follow the same index should provide almost identical returns. But they don't, thus complicating the financial adviser's job of choosing among the 1,000-plus ETFs for sale in the United States.
Some say that the only thing growing faster than the nearly $1 trillion exchange-traded-fund market is the use of options on those nearly 1,000 funds. That may be a slight exaggeration, but it does underscore a trend.
Lee Kranefuss talks about the early days of bringing exchange-traded funds to the masses
Lamco Advisory Services Inc. will be the first independent advisory firm to start allocating client assets to an ETF option overlay strategy managed by MDE Group Inc.
S&P is positive on VGK because the security has above-average yield of 3.75% and its holdings are made up of what S&P considers attractive companies that historically have strong cash flows to support dividend growth
Last year, The Charles Schwab Corp. launched its first exchange-traded funds, offering them commission-free
Over the last six months, The Charles Schwab Corp. has seen flows from individual investors in exchange-traded funds surpass flows from registered investment advisers, marking the first time ever this has happened.
Invesco Ltd., the Atlanta-based investment management company, has been sued by a Boston-based trust claiming infringement of its trademarks for exchange- traded funds.
Adam Bold, chief investment officer of The Mutual Fund Store, thinks that all the talk about exchange-traded funds is just hype
Vanguard reduces its rake for two million customers. The move, says one fund industry watcher, 'puts some heat' on rival Fidelity.
Brokerage TD Ameritrade has begun offering commission-free ETF trades on more than 100 different funds that have bee chosen by Morningstar.
State security officials say they're ramping up oversight of leveraged and inverse exchange traded funds. The chief worry? Brokers themselves may not understand how the complex products actually work.
A shift in focus to core offerings — triggered by investor uncertainty over the direction of the markets — is crimping the growth of sector ETFs
BlackRock Inc., the world's biggest manager of exchange-traded funds, named Russ Koesterich to the new position of global chief investment strategist for its iShares unit.
American Century Investments is discussing launching global bond funds for international and U.S. investors
Morningstar Inc., a Chicago-based research firm, may stop rating leveraged and inverse exchange- traded funds on a scale of one to five stars because of concerns about their suitability for individual investors.
