Investment

Investors pulled nearly $3.6 billion from over 20 Pimco and Allianz-branded funds, the biggest cumulative outflow ever for the asset manager.

Assets in defined outcome ETFs doubled over 2022. The research team at Innovator ETFs, who pioneered the model, collected data across 350 RIAs and 50 broker/dealers to see how advisors used the funds.

No other bond king could come close to bench-pressing 495 pounds 20 times over, as he did in his prime.

Not every advisor sees a role for alternative investments like private placements or nontraded REITs. For those who do, making the allocations in reaction to declines in traditional portfolios is a mistake.

The Vanguard Short-Term Tax-Exempt Bond ETF would track an index of municipal bonds with maturities between one month and seven years.

Minerd died in his home from a heart attack.