There is a race to launch more thematic strategies or 'smart beta' products and the providers are lesser known or completely new to the industry. This will continue in the year ahead
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A 2014 Vanguard report found that the average 401(k) account registered with Vanguard had $101,650, an 80 percent increase in savings since the market fallout of 2008. But does that number reflect reality? Ignor...
In an effort to distinguish new ETFs from existing ones, some issuers are getting downright goofy with their tickers. The Australians seem to take the cake, with the ProShares Ultra Australian Dollar ETF trading under “GDAY,” the ProShares Ultr...
You have to wonder why anyone would want to launch a domestic long/short equity fund these days. The S&P 500 Index has climbed 15 percent in the last 12 months. Buying a low-cost index tracker like the SPDR S&P 500 ETF (NYSE Arca: SPY) or the iSh...
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Twenty-five years ago Monday, New York sculptor Arturo Di Modica delivered a Christmas present to Wall Street. "Charging Bull," the 18-foot-long, 3 1/2 ton bronze statue, was immediately a crowd favorite...
The 30 percent drop in crude oil prices this year rocked the energy sector.
Supplies are outpacing demand as U.S. shale-oil producers gush with black gold. The last time the U.S. pumped this much oil, Reagan was president. The Organization of th...