Investments

The legal heads of both firms challenge arguments made against the ability of robo advisers to serve their clients.

Competition is rising from passive funds as managers find it harder to justify charges 50% higher than their developed-world peers.

The firm sold its position in SPDR Gold Shares worth $30.4 million as of June 30, according to a regulatory filing Monday.

The commission will examine how digital advice platforms uphold fiduciary responsibilities and safeguard client data.

More than $1.2 trillion was wiped off the value of global bonds last week.

The global bond rout intensified on speculation that the Fed will raise rates as Donald Trump tries to increase spending.

Investors withdrew $1.72 billion from U.S. ETFs that buy emerging-market stocks and debt in the wake of Donald Trump's U.S. presidential election victory.

Larger ETFs provide more liquidity and are better constructed.

Local-currency bonds in emerging markets are on course for a sixth week of losses, the longest streak on record.

Third-party clients added $5.1 billion in new money last quarter.

The gains in the blue-chip index happened the same day the Nasdaq 100 saw its biggest decline since September, their biggest divergence since the Internet bubble burst.

The high cost of stock picking has made clients more passive, an analyst says.

Here are key takeaways from a Department of Labor fact sheet.

The largest, U.S.-listed, Mexican ETF posted its highest gain in five years on Monday.

Advisers say clients have become much more hesitant about making new investments.

The surprise U.S. election didn't affect robo platforms the way the U.K. vote did earlier this year, but explanations vary.

Experts and advisers weigh in on what to expect and how to discuss the future.

Officials might wait to get a sense of the fallout before making a decision on rate increases.