Investment Product and Service Launches
Franklin Templeton launches U.S. fixed-income ETF; PGIM announces collateralized loan obligation and active ETFs; Athene adds three fixed-income annuities.
The Markets
Creative Planning Adds Goldman Custody Platform
Advisers at the $210 billion RIA can place client assets on the Wall Street money manager’s investment platform.
Investment Service and Product Launches
Savvy Wealth launches AI-powered adviser platform; MassMutual, Nationwide announce buffered annuities; and Touchstone launches ETF focused on securitized income.
American Funds Sees Strongest TDF Inflows in Q2
Vanguard saw the second most inflows, according to Simfund, as overall target-date fund assets ended at a robust $1.63 trillion.
IAA: SEC Marketing Rule Still Top Concern for Compliance Teams
Investment advisories rank the marketing rule as the ‘hottest’ topic for the third year in a row, followed by cybersecurity...
BlackRock Changes Up Public Policy Team
Samantha DeZur will now head U.S. division of team focused on public policies regarding investors’ long-term interests.
Number of Investment Advisers Hit Record High in 2022
The uptick occurred even as assets under management fell for the first time since the 2008 financial crisis, according to...
The PLANADVISER Interview: Miles Cole, Follow Co-Founder and CEO
24-year-old tech entrepreneur Cole discusses how his Follow app is allowing investors to copy the money moves of the internet’s...
ESG Congressional Hearings Show Partisanship Intensifying
Republicans and Democrats are mostly speaking past each other on ESG, which could create regulatory risk and uncertainty going forward.
Recordkeeper “House” Investment Options Worth a Look, But Carefully, Advisers Say
Proprietary recordkeeper fund options can be worth the fee reduction in investment plans, but they must be looked at carefully,...
Financial Advisers Rank American Funds, Vanguard as Top Asset Managers
Advisers are most swayed by trust, performance and ease of business when evaluating a manager, according to ISS Market Intelligence.
Fed Raises Rates Again, But How Can Investors Hedge Against Inflation?
Wharton School Professor Emeritus Jeremy Siegel spoke out against Fed rate hikes and laid out potential investor responses.
Designing a Plan Investment Menu in Unprecedented Times
Historic rises in inflation and matching interest rate hikes have meant a heightened focus for the often staid world of...
CITs May Be the New Mutual Funds of DC Plans: Have They Earned It?
Low-fee collective investment trusts, already popular among large plan sponsors, may be moving down-market to smaller plans.
TDF Asset Growth Off to Good Start in ‘23, Still Below Record ‘21
American Funds and Vanguard captured the most new TDF inflows in the year’s first quarter.
Prime Time for Diversifying with Municipal Bonds, According to Capital Group
Munis provide a good recession buffer in the current market, experts say.
Investment Service & Product Launches
American Century launches actively managed ETF; Nomura starts fund with exposure to private credit; Singapore-based Eastspring launches first CIT for...
TDF Assets Fell 14% in ‘22, but Inflows Stayed Strong
While market depreciation drove TDFs off a record '21, inflows stayed strong, according to Morningstar.
In Face of Volatility, Diversity Rules in Retirement Plan Menus
Experts discuss how to diversify—and remain calm—despite the headlines.
SVB Collapse Likely to Discourage Rate Hikes
PGIM fixed income experts see a 25 basis point hike next week, no others this year as inflation is less...