-
The equal-weighted nature of XBI gives the fund greater exposure to developing companies than similar products.
September 18 -
The S&P index of 18 asset management firms and custody banks is down nearly 11% this year, compared with a gain of more than 8% for the broad S&P 500.
September 14 -
The firm gathered nearly $1 billion since creating the industry’s first free index mutual funds in early August.
September 13 -
It’s the first U.S.-domiciled index ETF of ETFs with access to the global investment-grade credit universe, the firm said.
September 12 -
A growing chorus of firms such as Fidelity, Citigroup and Goldman Sachs have announced plans for a variety of services around cryptocurrency trading.
September 11 -
A quarter of asset management executives pin the blame on organizational culture, according to FIS research.
September 10FIS -
While the industry scores relatively low in its digital capabilities, firms that invest in technology are growing nearly twice as fast as their peers.
September 7 -
A comprehensive sales-report system can help prioritize marketing efforts, and communicate information quickly and clearly to advisors.
September 7SalesFocus Solutions -
More than half of advisors would consider buying a smart beta muni bond ETF for clients, according to a Columbia Threadneedle poll.
September 6 -
One fund traded more than 800,000 shares in August, its second-largest monthly volume since inception.
September 5