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Soon after the tragic news of Steve Jobs' death broke, people began wondering what would become of the Apple co-founder and innovator extraordinaire's fortune. Forbes recently estimated Jobs wealth at $7 billion. According to legacy expert attorneys Andy and Danielle Mayoras, it appears Jobs had his estate planning act together.
October 11
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Automatic enrollment greatly increases participation in 401(k) plans for all racial and ethnic groups, with particular success for Blacks and Hispanics, even among low earners, Vanguard research shows.
October 11 -
As head of global exchange-traded fund services at BNY Mellon, Joe Keenan has a front-row seat on developments in the exchange-traded fund industry. As such, Keenan fully expects ETFs to continue their incredible success story. Money Management Executive Editor Lee Barney recently spoke with Keenan on the drivers of ETF growth.
October 10 -
BlackRock has launched three mutual funds that invest in alternative investments, the BlackRock Commodity Strategies, BlackRock Emerging Markets Long/Short and BlackRock Global Long/Short Credit funds.
October 7 -
ProShares has launched the ProShares Ultra DJ-UBS Natural Gas and ProShares UltraShort DJ-UBS Natural Gas exchange-traded funds. The two funds are tied to the Dow Jones-UBS Natural Gas Subindex.
October 7 -
ProShares has launched the ProShares Ultra DJ-UBS Natural Gas and ProShares UltraShort DJ-UBS Natural Gas exchange-traded funds. The two funds are tied to the Dow Jones-UBS Natural Gas Subindex.
October 7 -
BlackRock has launched three mutual funds that invest in alternative investments, the BlackRock Commodity Strategies, BlackRock Emerging Markets Long/Short and BlackRock Global Long/Short Credit funds.
October 7 -
While the Standard & Poor’s 500 Index fell 14.3% in the third quarter, many mutual fund categories performed worse, according to Lipper.
October 7 -
Litman Gregory Fund Advisors has launched the Litman Gregory Masters Alternative Strategies Fund, a multi-manager, multi-strategy fund that offers investors diversified exposure to absolute return-oriented strategies.
October 7 -
Russell Investments has launched four additional investment discipline exchange traded funds, the new offerings focused on small-cap indexes. Russells investment discipline indexes take indexing to the next level by aiming to mirror the way equity managers invest.
October 6
