Investments

“There is an advantage to funding the debt, especially when interest rates are very low, by issuing long-term debt," Janet Yellen said during her Senate confirmation hearing.

The new fund, expected to begin trading next quarter, will carry an expense ratio of less than half the new actively managed offering.

The pending nominations send a clear signal that the rule-cutting and lax enforcement the industry has grown accustomed to under President Trump are over.

For investors, Biden represents an attitude shift from the era of Trump, who famously made the Dow a barometer of his success.

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.

These 20 mutual funds and ETFs here are home to roughly $45 billion in assets.

Founder Nancy Davis says her recently converted long-only product reflects the direction of travel for the broader asset management industry.

The flood follows a strong Democratic showing in last week’s runoff elections in Georgia, which tipped the Senate’s control to President-elect Biden’s party.

The move is about “expanding access to high quality growth investing to non-accredited investors,” says Upholdings CEO Robert Cantwell.

Probabilistic forecasts provide a durable framework for a sound financial future, the author says, and offers some for the new year.

The top 20 more than doubled the gains of their fixed-income industry peers.

“The expectation of sustained volatility in the medium term has re-invigorated hedge fund appeal,” BlackRock and Juniper Place said in their report.

The top 20 to debut last year by total assets include only three products from BlackRock and none from Vanguard or State Street.

VanEck’s proposal comes at a time when the cryptocurrency has continued to set record highs.

Time and again, they’ve seemingly held up during periods of market stress and proved the skeptics wrong.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The bank allegedly made “hundreds of millions of dollars” by investing client assets in underperforming proprietary and affiliated funds without disclosing conflicts to clients.

The biggest losses this year came from sectors that suffered the most in lockdown.

Decisions we make during financial crises alter as retirement nears — and not always for the better.