Investments

“Given the moment that we’re at in history with all of the threats to racial, gender and climate justice, it really felt like it was time to expand what we were doing.” Rachel Robasciotti says.

“The reality is they were always supported by a large team,” according to CEO Jenny Johnson.

Advisors, nervous about the exposure, say they are struggling to get clients to switch things up.

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

New digital integrations with CAIS and iCapital make it easier for independent advisors to access private equity and hedge funds.

Previously, criteria focused on an investor’s wealth. Now, a broader group has access to investments that include private company offerings and certain private equity funds.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

A range of factors have been cited for the clean-tech rally, including maturing wind and solar industries after a collapse in oil prices earlier this year.

More than half of these funds have fees higher than 75 basis points.

The saga lays bare the rough-and-tumble ways of distressed investing, where investors look to pull every lever in their favor.

More than 95% of comment letters submitted were opposed to the Labor Department’s proposed rule, according to a new analysis.

Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year.

The ready-made strategies have been around for years, but in an era of fee wars and ETFs its popularity is exploding.

Market recovery has made the risk of missing out more pronounced this year, forcing many funds to position themselves towards historically bullish levels.

From regulations to taxes, big changes could be in the offing.

It’s the latest dramatic twist in the story of USO, which was at the center of the storm as crude prices plunged earlier this year.

The robo advisor hopes transparency on employee demographics will encourage change.

Clients opened almost 1.2 million retail accounts, boosting flows to mutual funds and ETFs, the firm reports.

While stimulus talks have stalled, better-than-feared economic data and corporate earnings have instilled optimism that a recovery is taking shape.

While some planners are excited for the opportunity, others don't trust turning workplace retirement over to a robo.