ETFs

Asset managers are seeking alternatives to standard mutual fund products.

Clients are paying about half as much to own funds as they were 20 years ago.

One of its products added a record $368 million after the firm discreetly slashed its fee in March.

Rather than developing a new family of ETFs, the asset manager created them as a share class within its existing mutual funds.

The expanded line up of index funds demonstrates one way the brokerage industry is grappling with an ongoing race to offer products at the lowest price.

As she advanced in her career, Franklin Templeton's Dina Ting had many mentors who helped her navigate challenges.

In a bid to further enhance its capabilities for advisors, the firm is also slashing ETF transaction fees on select funds later this year.

Since starting her career at Vanguard more than a decade ago, Denise Krisko has launched her own sub-advisory business that manages $4.5 billion.

The mutual funds and ETFs that ranked at the bottom of the sector still benefited from a “long-running bull market,” an expert says.

The Invesco QQQ Trust dropped as much as 0.6% after Google’s parent company reported first-quarter sales below Wall Street estimates.

The firm hopes the changes reflect its image as a “powerful, innovative and unified provider” of investment products, according to co-CEO Nico Marais.

Expense ratios were more than twice the industry average.

The change will boost the firm’s “ability to reach a dramatically larger audience,” said CEO Stephen Schwarzman.

The products have benefited from the past decade of “economic expansion and bull market for risk assets,” one expert says.

The fund aims to undercut its cheapest competitor by 1 basis point.

The last time SPY saw inflows of this magnitude U.S. stocks were on the cusp of a bear market in late 2018.

The regulator is on high alert as more than 10% of new launches last year targeted a theme.

Still, some products with higher yields also have higher Sharpe ratios. Could that indicate better risk-adjusted performance?

The new funds mark the startup’s latest foray into traditional wealth management.

Procure Holdings’ intergalactic foray is part of a broader industrywide push into so-called thematic funds.