Oct. 23: The custodian plans to offer advisors and retail investors access to 296 commission-free ETFs.

Managers are asking the SEC to relax constraints it imposed on the funds as they become the fastest growing products for investing in equities.

The holdings in each of the three new offerings are rated A to BBB.

Nearly 17 million investors will use the technology by 2021, a rise of 1.8 million compared to last year, Aite says.

Despite having “exaggerated” merits, most strategic-beta ETPs outperformed their replicating portfolios, according to Morningstar.

The firm plans to charge nine basis points for exposure to a basket of large-cap stocks, lower than any other comparable offering.

The analytics provider claims to serve more than 2,000 clients, including 92% of the top asset managers.

USAA Capital held over $513 million in market value of the Wall Street giant’s large-cap, emerging market and international ActiveBeta funds.

No performance chasers here; these investors buy on the downside.

While her performance at the bank has been exemplary, she was denied opportunities that directly affected her pay, the advisor claims.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

Active management gets a black eye when funds can’t keep pace with indexes, especially when the shortfalls aren’t short-term.

Assets in products susceptible to the risk of fire sales during a future shock are up 673% since 2000.

The manager allegedly led a $33 million funding round for Scalable alongside the startup’s two existing venture capital investors.

Jim McNamara, head of a business that sells the firm’s mutual funds and ETFs to third parties, will depart after two decades.

Low costs and an overall shift toward passive are only part of the reasons why they are leaving such an impact, according to four experts’ testimonies.

The proposal comes as the gap between elevated Indian asset prices and anemic earnings growth spurs warnings of unfettered optimism in Asian markets.

The money manager created the new role in order to accelerate the growth of the funds.

The broker, who had been with the bank for 21 years, went independent with backing from Dynasty Financial Partners.