'If you’re an investment advisor and you’re not putting your clients in the lowest-cost share class, then you’re running the risk of a fiduciary failure,' an expert says.
The TDF series will be renamed PGIM Target Date Funds, and some underlying investments will be changed.
Goldman's platform is designed to help institutional clients launch their own ETFs while providing services such as portfolio implementation and capital markets solutions.
Even as big players like BlackRock close funds that failed to gain assets, they continue filing for new ones.
Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries
'Is this the year of the bond ETF? Certainly flows seem to be shouting that from the rooftops,' says VettaFi's Lara Crigger.
But advisors who want crypto ETFs are waiting for spot products, observers say.
Cash has clout again and suddenly financial advisors have real decisions to make about the excess funds in their client accounts.
The regulator has paused decisions ahead of a government shutdown.
The company is cutting fees on two fixed-income exchange-traded funds.
Both new products would focus on the fixed-income market.
Fund companies unwound more than two dozen ESG funds this year, according to Morningstar data.
The final regulation targets 'greenwashing' but strips out what would have been 'a more onerous' ESG provision, a lawyer says.
Lawmakers say changes would hurt retirement investors. They also raise concerns about a proposal to curb advisor conflicts related to AI.
New research shows tactics like getting the attention of larger investors and pressuring companies to do better than their competitors can have the most impact.
Advisors reflect on effectiveness of 'volatility buffer' covered-call ETFs, with few single-stock versions available.
The fund will invest in US companies with high free cash flow yield and dividend growth.
Leader accused of proposing regulations that are ‘sowing discord and confusion.'
Vanguard says investors are returning to risk assets.
The filing comes as the race to win approval for the first US spot bitcoin fund intensifies.