Mutual Funds & ETFs
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Retail clients drive deposits, profits at T. Rowe
Money manager relies on individuals saving for retirement, rising stock prices to offset institutional withdrawals.
El-Erian: Pimco's Gross one of world's best investors
Mohamed El-Erian's departure from the world's biggest bond manager sparked media reports of tension with Bond King Bill Gross but in a new interview, the former co-CIO called Mr. Gross “a great investor.”
Fixed-income ETFs ranked by inflows and outflows
$146.9 0.40% As of March 31. Excludes leveraged and inverse funds, and exchange-traded notes. *Most recently reported net prospectus expense ratio. Source: Lipper, a Thomspon Reuters company
Equity ETFs ranked by inflows and outflows
$2,330.1 0.67% As of March 31. Excludes leveraged and inverse funds, and exchange-traded notes. *Most recently reported net prospectus expense ratio. Source: Lipper, a Thomson Reuters company
Ranking the lowest-cost ETFs
Expense ratio*Net assets ($M)YTD return1-year return3-year retun5-year returnLarge CapSchwab U.S. Large-Cap ETF (SCHX)0.04%$2,492.81.07%20.90%14.70%N/ASchwab U.S. Large-Cap Growth ETF (SCHG)0.07%$1,225.11.09%23.91%14.70%N/AiShares Core S&P Total U.S. Stock Market ETF ...
The top exchange-traded funds
FundNet assets ($M)YTD return1-year return3-year return5-year returnExpense ratio*PowerShares Dynamic Pharmaceuticals Portfolio (PJP)$1,189.43.75%41.25%34.21%32.73%0.63%iShares Nasdaq Biotechnology ETF (IBB)$5,821.81.14%43.47%33.74%28.17%0.48%SPDR S&P Biotech ETF ...
S&P 500 caps worst two-day drop since June
Stocks dropped amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market's best performers.
The power of purpose: Benefits of goals-based investing
Consider the followings ways in which having deeper conversations about client goals might make your job easier and improve your clients' behavior.
Week in Review: Nasdaq Composite falls as tech selloff resumes
A selloff in the bull market's biggest winners overshadowed optimism on Federal Reserve monetary stimulus.
Morningstar's Mansueto sees big opportunity with ByAllAccounts
In a Take Five interview, Morningstar CEO Joe Mansueto says the firm has a big opportunity with its ByAllAccounts acquisition to go beyond advisers and is also well-positioned in liquid alts space.
Morningstar buys data aggregator ByAllAccounts for $28 million
Gains access to more than 2,100 clients, including independent financial advisers, asset managers, wealth managers, trust companies and broker-dealers.
Vanguard beats BlackRock, taking in most ETF money in 1Q
The Vanguard Group Inc., the third-biggest provider of exchange-traded funds, has gained ground on larger competitors so far this year after gathering more than seven times as much money into its ETFs than the rest of the U.S. industry combined. Vanguard attracted $13.1 billion, or almost 90
Gross' new heir apparent post-El-Erian
The road Andrew Balls took from journalist to one of Bill Gross's new top deputies — all by the age of 40 — went through Oxford and Harvard, with a stop at Stanley Fischer. He's likely to become one of the public faces of Pacific Investment Management Co., so there are some things to know about ...
High-frequency trading runs over a rigged market: Barry Ritholtz
On "60 Minutes," author Michael Lewis made a bland assertion: High-frequency traders, he said, working with U.S. stock exchanges and big banks, have rigged the markets in their own favor. The only surprising thing about Lewis's charge was that anyone could be even remotely surprised by it.
SEC money fund reform won't placate everyone
The SEC appears to be pushing ahead with its money market mutual fund reform. The question remains which funds will escape the agency's float proposal; for brokerages and retirement plans, the devil is in the details.
Explore your opportunities and be informed for your next move.
February 27, 2014