ETFs

The firm now plans to integrate sustainability criteria into portfolio construction and exit investments with high risks from ESG-related issues.

Nearly all of the fixed-income funds held short term debt.

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

Asset managers stand to gain from an SEC-approved ETF structure since “selection of securities is the intellectual property for which they are paid fees.”

The $6 billion fund saw almost 3 million shares hit the tape after DoubleLine’s CEO touted its potential for retirees in his annual markets webcast.

In what was a stellar year for corporates, governments nearly missed the list entirely.

It was the biggest annual leap for strategies focused on corporate or government debt since 2014, boosting assets to more than $800 billion, data show.

From closed-end funds to Reg BI, here's what could be playing out this year.

The fund will track the performance of companies that issue shares directed to either the investing public or the company’s founders and executives.

ETFs tracking themes — such as robotics, blockchain and cannabis — closed the year just 1% higher than where it started.

The firm commission-free platform already included all Vanguard mutual funds and ETFs as well as thousands of third-party funds.

Although passive has steadily lured cash from active, this year assets in indexed equity funds topped those in active stock funds for the first time ever.

Some 225 funds traded for the first time over the past 12 months, down for a second-straight year.

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

Funds that track custom-built indexes often seek exposure to securities based on factors like ESG and strategies that would typically be actively managed.

A major driver of growth has been the “increased awareness” of advantages like tax efficiency, liquidity and transparency, according to Bank of America.

Competitors such as Merrill Edge have taken similar measures on commissions.

The four new types of funds use a so-called proxy basket and will publish some information about their portfolios every day.

The fund will track an index that divides the industry into five categories: pharmaceuticals, testing and analytics, cultivators, hemp and ancillary business.

Jeff Smith's dismissal was first announced in a memo by CEO Larry Fink and President Rob Kapito, who only said the executive had violated corporate policy.