Investments

UBS wades into relative-value strategies with short-term structured notes

State Street and Goldman Sachs are planning a series of funds that would invest in everything from robotics to deep-sea exploration.

The IBD network disclosed the renewal of its clearing agreement, along with three firms’ intention to self-report possible mutual fund violations to the SEC.

Many sectors have rallied the past decade, but tech and health care outperformed.

Employees from the independent robo — from marketers to engineers — are being paired up with customers to have informal chats, ranging from improving the user experience to suggesting new financial offerings in the platform.

The independent robo is now offering advisors paperless account rollovers for clients that can be completed in a minute.

The shift in strategy comes as central banks move away from policies that have buttressed markets since the financial crisis.

A new entrant from Singapore vies for attention in a market that already includes offerings from robo advisors and custodians.

To get back into investors’ good graces, funds have had to alter traits like their liquidity, fees and even their overall structure.

A big difference in fees may not be enough to offset taxes on capital gains.

The pool of money will primarily buy investments from so-called side pockets of illiquid stocks created before 2008.

“Are we reactive to what one competitor does? Absolutely not,” CIO Greg Davis says.

The difference between 0.03% and zero will prove to be bigger than three basis points.

The largest firms’ combined VA and FA revenues hit a three-year low in 2017, but the products still make up a significant portion of their businesses.

A younger cadre of managers led by new President Jonathan Gray is moving up.

A high valuation is a mixed blessing, industry analysts say.

High-yield credit volatility has actually declined since the products first came on the scene.

The right health insurance is all that’s needed to use this triple-tax advantaged savings account.

Clients will be better off using the income allocation strategy than the asset allocation approach when building a retirement portfolio, an advisor says.