Although there are no formal standards for environmental, social and governance investing, it will continue to thrive because the marketplace will sort out which funds and companies follow through on their sustainable promises, experts said Wednesday. “There’s never going to ...

Fidelity Investments, one of the world’s largest asset managers, plans to join the spate of companies offering investors access to Bitcoin through a Canadian ETF, since U.S. regulators are balking at approval of the funds.  The Fidelity Advantage Bitcoin ETF ...

The post Reimagining retirement income. appeared first on InvestmentNews. Andrew VincentAndrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot. ...

It seems that there are big winners and losers every decade in the 401(k) market, and the victors in the 2020s are still to be determined. Winners pivot and adapt, leaning into change and not wasting time and energy trying ...

The market for ESG-focused exchange-traded funds has been among the world’s hottest investment areas for more than two years now. About $120 billion has flowed into these funds in 2021 as investors increase their bets on companies deemed to have the highest ...

Aspiriant, a Los Angeles-based wealth management firm that oversees more than $14 billion in assets, said Wednesday that it has acquired HearthStone Private Wealth Management, a San Diego-based firm with $350 million in assets. Hearthstone has seven employees and 150 ...

Mariner Wealth Advisors said Wednesday that it’s acquiring Robinson Tigue Sponcil Private Wealth Management, a Phoenix-based firm with $393 million in assets under advisement. The acquisition is scheduled to close on Dec. 10; terms were not disclosed. RTS, founded over ...

The University of Miami is settling a lawsuit over fees in its defined-contribution retirement plans for $1.85 million, according to court filings made last week. The school was sued in April 2020 in the Miami division of U.S. District Court ...

Serial acquirer CI Financial Corp. on Wednesday morning announced plans to buy Matrix Capital Advisors, a Chicago-based registered investment adviser with $615 million in client assets. Toronto-based CI Financial, which has already announced more than two dozen deals since entering ...

A new company formed by the Pension Resource Institute and Waypoint Fiduciary will serve as a pooled plan provider for registered investment advisers, broker-dealers and banks that want to do business in the PEPs market. The new entity, Group Plan ...