- Money Management Executive
Twenty years ago, there was one exchange-traded fund. Last year, 178 new ETFs were created. This year, 28 have been rolled out. The total number of ETFs listed in the United States now: 1,441, according to Lipper.
May 10 -
The firm scored particularly well in clients feelings of their investment advisors, account information and investment performance, according to a J.D Power study.
May 10 -
ALPS is launching what it says is the first of its kind variable annuity product. The ALPS|Alerian Energy Infrastructure Portfolio delivers energy infrastructure and MLP-focused investments to the variable annuity market.
May 10 -
A new Franklin Templeton survey found that globally investors are optimistic about 2013, but are still wary of the potential for risk.
May 10 -
U.S. securities regulators are reviewing a proposal that would require the riskiest money-market mutual funds to adopt a floating share price, according to a person familiar with the matter.
May 10 -
Fidelity Investments has rolled out a target volatility strategy, the Fidelity VIP Target Volatility Portfolio. The portfolio seeks to manage total return volatility within a target range.
May 10 -
Municipal bond mutual funds saw inflows into weekly-reporting funds, at $22 million, for the first time in 10 weeks.
May 10 -
A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.
May 10 -
Reports that aging clients may not be able to make sound financial decisions because of declining cognitive skills may be overstated, said Laura Carstensen, professor of psychology and head of Stanford Universitys Center on Longevity.
May 10 -
Advisors debate the merits of alternative investing for their clients at NAPFA in Las Vegas.
May 10
