Portfolio

Fidelity

Fidelity’s $1T fixed-income head is retiring

Assets under management at Nancy Prior’s group, which includes bond and money market funds, have grown from $714 billion under her leadership.

January 15

Retirement scan

Clients can avoid paying half their retirement income to the IRS. Here’s how

Along with other decisions, dating the amount of money they need to withdraw would help them in retirement planning and spending.

By Paola Peralta

January 14

Asset management

Nontransparency may be a game changer for the fund industry

The SEC-approved ETF strategy protects “the intellectual alpha of active managers.”

By Rebecca Stropoli

January 14

After the SEC approved the first-ever nontranparent ETF from American Century last year, a wave of greenlights followed for firms including T. Rowe Price, Natixis and Fidelity.

Hedge funds

Quant trader seeks $1.5B for climate-change hedge fund

David Vogel, who spent five years using data to study the impact of global warming, is starting the fund as pensions and large investors increasingly seek ESG investments.

January 14

The Voloridge Sustainability Fund will focus on companies affected by events such as floods, fires and natural disasters; firms that invest in efficient technologies; and electric-car makers and their suppliers, according to a person familiar with the matter.

Tax strategy scan

5 tax mistakes to avoid in 2020: Tax Strategy Scan

Failing to pay taxes on side-gig earnings and keeping faulty records of business-related expenses must avoided to prevent an excessive tax burden.

By Andrew Shilling

January 14

While many clients are awaiting final regulations from the Treasury, a contingency plan for the tax-filing season has yet to be laid out from the IRS.

Divorce

Divorcing clients? Here's how to split an IRA

This rise of the so-called grey divorce has created a number of uncommon and complex issues for retirement accounts.

By Jeffrey Levine

January 14

Retirement scan

Why clients should wait to pay off their mortgage in retirement

Seniors can claim tax deductions for payments made on their homes, allowing them to reduce their tax burden when they retire.

By Paola Peralta

January 13

Index funds

Breaking clients of their S&P 500 addiction

The tricky part is educating clients on how to recognize what constitutes underperformance and overperformance.

By Craig L. Israelsen

January 13

Mutual funds

Voices: Best mutual fund of 2019 relied on under-the-radar tech

Timely trading in less-heralded semiconductor markers and firms committed to energy without fossil fuels produced a 54% total return last year, data show.

By Matthew Winkler

January 13

Taiwan Semiconductor Manufacturing, which is SMH’s biggest holding, tumbled last week after it forecast revenue below analysts’ estimates.

Asset managers

AMP Capital surpasses $3B fundraising target for new global infrastructure fund

Similar products are stockpiling unprecedented levels of new cash as investors look to alternative assets for growth and income.

January 13

In 2019, infrastructure funds collectively amassed a record $98 billion, taking the industry to $212 billion of so-called dry powder, according to Preqin data.