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What this ‘play the recovery’ strategy says about the hot bond market’s future

A recent trend in the exchange-traded funds market suggests bond demand is far from cooling.Corporate, government and high-yield bond ETFs saw inflows last month after lower bond prices and higher yields contributed to the deceleration of fund outflows in May.Andrew McOrmond of WallachBeth Capital, an institutional execution service provider,

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This common money move costs retirement savers $45.5 billion in investment fees, earnings over 25 years

andresr | E+ | Getty ImagesIRA rollovers are common for job switchers, retireesInvestors rolled $516.7 billion from workplace plans into traditional IRAs in 2018, the latest year for which data is available. That's nearly 28 times more money than as contributed to traditional IRAs that year.A Pew survey from

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Axis Mutual Fund sacks its chief dealer Viresh Joshi facing probe for front-running

Axis Mutual Fund, India's seventh-biggest asset manager by way of pooled cash under management, has sacked its chief dealer Viresh Joshi who is facing probe for suspected irregularities. "Axis AMC has been conducting a suo moto internal investigation since February 2022, using reputed external advisors to assist with this

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Vanguard reclaims top target-date fund manager spot, leapfrogs Fidelity and BlackRock

Thomas Barwick | Digitalvision | Getty ImagesVanguard Group captured the most new investor money in its target-date funds last year relative to other asset managers, reclaiming the top spot it'd held for over a decade before being dethroned in 2020, according to a new Morningstar report.Target-date funds, or TDFs,

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The SEC climate rule: 7 things investors need to know

Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021.Melissa Lyttle/Bloomberg via Getty ImagesThe Securities and Exchange Commission on Monday unveiled a sweeping proposal to expand investors' insight into the threat that climate change poses to public companies and how

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Work at a small employer? You likely pay high 401(k) fees

Yongyuan | E+ | Getty ImagesWorkers who save in a 401(k) plan offered by a small business pay fees that are twice as high as those paid by employees who work at the largest companies in the U.S.The smallest workplace retirement plans (those with less than $25 million in

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