Portfolio

The central bank is now the third largest holder of the $54 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).

Grappling with margin pressure, consolidation and fragmentation, the sector questions its identity.

For the first time, the ranks of the top 25 firms according to their annual business include single entries for IBD networks.

This interactive tool provides the full collection of data from Financial Planning's 35th annual study of the largest firms in the space.

The bank says an announcement on how far the current 51-cent payout would drop is expected in mid-July.

The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.

The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

The announcement was welcomed by Wall Street lobbying groups, some of whom sued to vacate the Obama-era regulation.

As more active strategies embrace the exchange-traded model, the landscape may be shifting.