As the pandemic enters its third year and everyday life takes on some semblance of normalcy, the InvestmentNews team looks back at the most interesting industry developments of 2021. An arms race is already underway to build out direct-indexing technology, ...

As the wealth management industry waits for the Securities and Exchange Commission to approve the first exchange-traded fund investing directly in cryptocurrency for U.S. investors, the industry is moving forward with a strategy that could reduce the need for a ...

BNY Mellon’s Pershing has become the latest asset manager to acquire a direct indexing technology company, following similar deals made by competing financial services firms like BlackRock Inc. and Vanguard Group Inc. earlier this year. The deal for San Jose, ...

Fast developing financial technologies and the growing appeal of direct indexing are paving the way for the increased appeal and access to socially responsible investing among financial advisers and institutional investors. According to new research by quantitative technology provider SigTech, ...

The October edition kicks off with the big news that Franklin Templeton is acquiring O’Shaughnessy Asset Management and its Canvas direct indexing platform, as yet another traditional asset manager makes a bet that the future will be increasingly driven by ...

Franklin Resources Inc. will purchase O’Shaughnessy Asset Management, making it the latest money manager to strike a deal for a customized index business.  With the acquisition, Franklin Templeton, as the asset manager is known, will add O’Shaughnessy’s $6.4 billion in ...

This month’s edition kicks off with the big news that Vanguard has apparently decided that direct indexing is the future, making its first-ever external acquisition of direct indexing platform JustInvest after an initial pilot program with RIAs quickly brought in ...

If you’re a financial adviser who is not yet familiar with the concept of direct indexing, you are dangerously close to falling behind the curve. Seemingly from out of nowhere, and riding on a wave of zero-cost trading platforms, the ...

What does it say when the world’s second-largest asset manager and pioneer of index funds makes a move into direct indexing? Vanguard Group Inc.’s recent acquisition of the direct indexing company Just Invest cannot be viewed in isolation. When taken ...

Vanguard has entered into a definitive agreement to acquire Just Invest, an Oakland, California-based manager of $1 billion known for its direct indexing capabilities. “Just Invest’s capabilities in large-scale data analysis, quantitative algorithms and risk modeling will augment Vanguard’s $3 ...