Even outside of saving for retirement or a college education, an investor’s ability to save for any future goal is drastically diminished by the proposed financial transaction tax in Senate bill S. 1587, Vanguard says.
Vestwell and Morningstar create 3(38) service; GSAM announces first actively managed ETF; Lyxor Americas launches hedge fund program for institutional investors; and more.
They are considering active, non-traditional passive, alternative, unconstrained and derivative investments, according to Fidelity
Public Funds and Foundations & Endowments each had median returns of 2.4% in the third quarter, with Corporate ERISA plans following at 1.9%, according to Northern Trust.
Among foundations, that is 64%, according to a Callan report.
Diminished liquidity in global bond markets is fueling demand for fixed income exchange-traded funds.
A report from Greenwich Associates concludes that a move toward more systematic instrument selection would ultimately enhance fund returns by capturing alpha invisible to the naked eye.