According to a new study, hundreds of strategies that showed significant outperformance in backtesting are failing to live up to their hype once they are packaged up and sold as exchange-traded funds.

Fidelity Investments says the Labor Department proposal isn’t “well grounded or supported.”

Roughly $5.4 billion has exited from the $20 billion iShares Short Treasury Bond exchange-traded fund over 14 consecutive weeks of outflows, the longest streak on record for the fund.

Diversified portfolios can’t keep up with a market supercharged by a few tech stocks.

Robasciotti’s new financial activism firm, Adasina Social Capital, believes it’s built a better mousetrap for impact investing, one driven by community-sourced data from on-the-ground organizations.

A trio of funds benefit from inflationary expectations.