Fidelity has applied for a government waiver that would allow its actively managed mutual funds to also issue a separate class of ETF shares.
For all the pain in the bond market — and some traders are betting there’s more to come — the notes look a lot more attractive to long-term buyers once Treasury yields are running at 5%-or-higher.
Goldman joins BlackRock and Morgan Stanley in launching lookalike funds to JPMorgan’s successful active ETFs.
Responding to advisor feedback in the wake of the TD Ameritrade transition, Schwab detailed a variety of updates to its custodial platform at IMPACT this week—and promised more on the way.