News

NY Firm Unveils ETFs for Health, Biotech Research

New York-based XShares Advisors LLC launched five exchange-traded funds (ETFs) on the New York Stock Exchange Tuesday, with each aimed at a segment of the health care, life science and biotechnology industries.

AssetMark Targets Retirement Income

AssetMark Investment Services, Inc. has announced a new investment product designed to address the income and long-term investing needs of retiring baby boomers.

Pershing Teams with PriceMetrix, Inc

Pershing LLC has formed an alliance with PriceMetrix Inc. that will help Pershing’s introducing broker-dealer customers better evaluate their businesses and identify growth opportunities.

BGI Files for High-Yield Corporate Bond ETF

Barclays Global Investors filed with the Securities and Exchange Commission (SEC) last week to offer the first exchange-traded fund (ETF) that tracks the high-yield corporate bond market.

IMHO: Exit Strategy

This past week, we passed the “anniversary″ of the commencement of bombing strikes in Operation Desert Storm (1991). Now, I was too old—and my kids too young—to have been directly impacted by that action. But I’ll always remember that night.