After shutting its exchange-traded fund unit in 2002, Nuveen comes back to the table with a new plan.
<i>Breakfast with Benjamin:</i> All eyes are on earnings. Plus: The SEC discovers high-frequency trading, momentum takes out passive investors, AAA credit ratings becoming extinct, new love for emerging markets, six solid stocks to watch this week, overwhelmed at the IRS, and Switzerland votes for the world's highest minimum wage.
Stocks dropped amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market's best performers.
Fidelity Institutional Wealth Services wants to help them make a concerted push into plan advising
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
<i>Breakfast with Benjamin:</i> Bank ETFs ride the choppy waves of Yellen-speak. Plus: Still waiting for Treasury yields to spike, new love for intermediate-term bond funds, hot stocks ahead of earnings reports, and even gold bugs are starting to worry about the precious metal's decline
<i>Breakfast with Benjamin:</i> Markets wake up to China's economic slowdown. Plus: Soros deters British EU exit, an all-ETF retirement portfolio, rethinking cash-rich tech companies, undervalued Wall Street banks, and test your investor profile (for fun).
Money is flooding into exchange-traded funds focused on health care at the fastest rate in at least six years, driven by booming biotechnology and pharmaceutical sectors bringing new products to market.
ETF firm launches five funds to offer pure-play exposure to Japanese companies.
Acquisition could put the fund tracker in the lead of the portfolio accounting and reporting business.
Pacific Investment Management Co., the envy of the bond world when it tripled assets following the financial crisis, is finding itself in an unusual role: Playing catch up to competitors in the growing market for exchange- traded funds.
The fund, previously known as the Pimco Mortgage-Backed Securities Fund, will become the TCW Core Plus Bond Fund, according to a statement today from Los Angeles-based TCW.
In a Take Five interview, Morningstar CEO Joe Mansueto says the firm has a big opportunity with its ByAllAccounts acquisition to go beyond advisers and is also well-positioned in liquid alts space.
Gains access to more than 2,100 clients, including independent financial advisers, asset managers, wealth managers, trust companies and broker-dealers.
After visiting Pimco, analysts at Morningstar may downgrade their ratings for the money manager's funds. In a new report, they cited, among other things, a 'higher degree of uncertainty' around personnel in the wake of the departure of co-CIO Mohamed El-Erian.
New American Funds offering seeks to take advantage of strong payouts but some doubt strategy.
The Vanguard Group Inc., the third-largest U.S. provider of exchange-traded funds, has asked regulators for permission to open actively managed ETFs.
Index funds became popular over the last four decades because they're simple, conservative and low cost. A different kind of exchange-traded fund is drawing record cash by promoting better returns with the same stocks.
The Securities and Exchange Commission is investigating whether currency traders at the world's biggest banks distorted prices for options and exchange- traded funds by rigging benchmark foreign-exchange rates, according to two people with knowledge of the matter.
Rule proposal would touch on active vs. index funds, transparency, flexibility and inverse leverage
