According to new data released Thursday by Broadridge’s Fund Distribution Intelligence, ETF assets increased $124 billion in 2015, hitting an all-time high of $2.2 trillion. Comparatively, long-term mutual fund assets decreased by $161 billio...
Keep calm.
Four major banks in the U.K. – Barclays, Royal Bank of Scotland, Lloyds Banking Group and Santander – are developing their own robo advisors aimed at mass-market consumers. According to The Financial Times (subscription required), o...
The first exchange traded managed fund, a new fund structure that is a hybrid between an actively managed mutual fund and exchange traded fund, is set to launch Feb. 26. Eaton Vance, which developed the new structure, announced that its Eaton...