ETFs

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.

Advisors who once oversaw portfolios for clients anxious to save a dollar now work more frequently with investors saving to see the world.

Fund companies could launch a new type of product that does not have to reveal its assets.

The firm unveiled a discount in a footnote on page 94 of a revised regulatory filing.

The average expense ratio among the top-performers is 40 basis points higher than the average.

Direxion’s Rob Nestor and David Mazza discuss hiring and compensation strategies, ETF space developments and the rise of robos.

Issuers are creating multi-factor funds that offer exposure to several return-enhancing characteristics.