In this week's fund news, Cerulli predicts direct indexing's rise, ProShares and Invesco bitcoin futures ETFs may start trading next week, RadiantESG selects STP for operations, and Moneta hires a new head of alternatives.

Given the subjectivity inherent in ESG ratings, they should be viewed not as objective ratings, but as opinions, writes Dimensional Fund Advisors' Will Collins-Dean.

The death of "60/40" has been pronounced before.

YourStake President Gabe Rissman provides his take on what September’s top ESG news and research findings mean for financial advisors.

In this week's fund news, firms bulk up their direct indexing capabilities, Vanguard merges target-date funds, DFA expands its SMAs and slashes minimums, and a new BlackRock tool helps advisors invest in private markets.

Franklin Templeton joins a wave of deals in the direct or custom indexing space, with its plan to acquire O'Shaughnessy Asset Management and its custom indexing platform, Canvas.

Charles Schwab is piloting Schwab Personalized Indexing among its employees, with plans for a 2022 launch for mass affluent investors and advisors.

Fidelity is rolling out the ability to trade fractional shares of equities and ETFs in real time initially for its RIA custody clients, with plans to expand to clearing clients in the next several months.

Conviction has been rising in recent years that slicing bonds by factors like value and price momentum provides a way to outperform traditional investing styles.

Bitcoin plunged as much as 11% on Monday as stock markets trembled in the wake of a potential default from China Evergrande Group.