Investment Product and Service Launches
Broadridge Financial Solutions collaborates with AI company; Franklin Templeton releases research hub; Morningstar launches market insights platform; and more.
SEC Proposes Overhaul of Retail Fund Disclosure Framework
The proposed disclosure framework would feature ‘concise and visually engaging shareholder reports,’ according to the federal securities market regulator.
Investment Product and Service Launches
WisdomTree builds ETF portfolios for fintech firms; SSGA adds new ESG ETF; and IM issues fee benchmarking solution.
SEC Gives Nod to More Nontransparent, Actively Managed ETFs
They are viewed as the third phase in the development of exchange-traded funds.
Investment Product and Service Launches
Northern Trust enhances securities lending offering; Global X adds ETF suite to Model Market Center; and Cohen & Steers makes changes to REIT mutual fund.
Capital One’s All-ETF Digital 401(k) Business Goes Independent
The focus of the new company, ShareBuilder 401k, will be on expanding coverage among small companies, says the president of the company.
Investment Product and Service Launches
Fidelity presents new model portfolios; LGIMA builds ESG strategy for DC plans; and Russell Investments announces tax-managed fund for long-term investors.
A Precipitous Drop in ETF Flows
Investment Product and Service Launches
Broadridge Offers SEC Rule 30e-3 Solution; Touchstone Creates Additional Equity Funds; HB&T to Build ESG-Centered Collective Investment Fund; and more.
Millennials the Most Likely to Own Mutual Funds in Their Retirement Plan
Nearly half owned their funds only through their employer-sponsored retirement plans, according to the ICI.
Investment Product and Service Launches
Vanguard makes changes to active equity funds; Global X Funds presents TargetIncome ETFs; Northern Trust launches multi-dimensional fund; and more.
SEC Modernizes Delivery of Fund Reports
The Commission is also seeking public feedback on fund disclosure and the fees that intermediaries charge funds for delivering fund reports.
Retirement Industry People Moves
T. Rowe Price Names Senior DC Specialist; Vanguard Rotates Portfolio Managers; American Century Preps for Major ETF Business Launch; and more.
ETF Assets Reach $4.4 Trillion
This is a cumulative average growth rate of 21% since 2005, when ETF assets were a mere $417 billion.