Calamos Structured ETFs: An alternative to FIAs
The one-year contract issued by Calamos on May 1, 2024 provided 100% principal protection and a maximum credited interest of 9.81% at the end of the term, less a...
ETFs
Fortitude Re, Midwest Holdings pursue ‘triangle’ strategies
Fortitude Re, a reinsurer backed by The Carlyle Group, a $276 billion private equity firm, is completing its annuity-reinsurance-asset management strategy. Midwest Holdings' life insurer, American Life, has launched...
Insurers fret about meeting ‘return targets’: Cerulli
'Eighty-one percent of insurers are concerned about meeting return targets given the low interest rates,' Cerulli's latest products report said. It also documented heavy outflows from low-volatility ETFs.
Use of bond ETFs for retirement income expected to rise: Cerulli
A new Cerulli report also explores sales of annuities to fee-only advisors; '84% of independent registered investment advisors (RIAs) sold no annuities in the last 12 months… despite significant work in...
Investors Sought ‘Cheaper, More Cyclical’ Stocks in May: Morningstar
US equity fund flows were quiet for the second consecutive month. After taking in a record $54 billion in March, inflows were just $211 million in May, according to...
US Equity Flows Cool Down in April: Morningstar
After record inflows of $54 bn in March, US equity funds shed over $500 million in April. Large-blend funds saw roughly flat net flows in April after collecting $25...
Long-term funds receive $400 billion in Q1 2021: Morningstar
US value equity funds saw record inflows in March 2021, according to Morningstar's monthly fund flows report. Vanguard and iShares notched significant inflows as passive funds continued to dominate...
Millennials lead in ETF adoption: Schwab
Millennials estimate that in five years, 43% of their portfolios will be in ETFs, compared to 39% for Gen X and 29% for Boomers, according to the tenth edition...
Income annuities are “best solution for DC plans”: Cerulli
But 64% of respondents to a Cerulli survey cited low demand for guaranteed retirement solutions—despite the 2019 SECURE Act’s provision of regulatory protections for offering annuities. Cerulli is also...
A buffet of buffered ETFs for jittery investors
Allianz Life will compete in the structured ETF space against Innovator Capital Management, which invented this type of investment in 2018, First Trust, and New York Life Investments,...
What it means when ETFs deviate from NAVs: Cerulli
'Advisors purchasing a mutual fund as a long-term holding may be overpaying and would be better served in an ETF. Investors who do not need intra-day liquidity but may...
2019 was a remarkable year for passive large-cap funds: Morningstar
'The strong long-term inflows in both December and for all of 2019 were due almost entirely to record inflows for both taxable-bond and municipal-bond funds,' the fund data giant...
‘Don’t overlook us,’ a boutique ETF issuer tells advisers
The three largest ETF sponsors have 82% of ETF assets; market share jumps to 90% when expanded to the top five, according to Cerulli Associates. A smaller ETF issuer...
Mixed forecast for active ETFs: Cerulli
ETF issuers are looking to develop more active products that can earn higher fees. Almost half of issuers say they are developing (20%) or planning to develop (27%) non-transparent...
Fidelity’s brokerage claims industry price leadership
New commission changes take effect on October 10, 2019 for individual investors and will be available on November 4, 2019 for registered investment advisors, a Fidelity release said.
Investors fond of bonds so far in 2019
'Retail investors remain skeptical of the ferocious stock market rally early this year,' said David Santschi, director of liquidity research for TrimTabs. 'While bond mutual funds are drawing big...
Flight from active to passive funds and ETFs slowed in September: Morningstar
Among all U.S. open-end mutual funds and ETFs, Fidelity Advisor Growth & Income saw the most inflows of all active strategies at $1.8 billion, the fund's highest inflows in a...
Transparency, low-cost will guarantee a market for clean-shares: Cerulli
Despite the death of the DoL Conflict of Interest Rule and lack of clarity around the inclusion of sub-transfer agent (sub-TA) fees, clean-share mutual funds will likely have a...
It’s Hot Around the ‘Collar’
Nervous investors can get an indexed collar strategy from an annuity or an ETF. Great West Financial and Innovator Capital Management have new products in the category. Cap-and-buffer products,...
Bull market raises red flag: TrimTabs
“Fund flows tend to be a good shorter-term contrary indicator, so the post-election buying spree bodes poorly for U.S. equities,” said David Santschi, TrimTabs' CEO.
