1. Zero-fee funds cast Fidelity-sized cloud over passive issuers

    There’s a Fidelity-sized cloud hanging over asset managers gathering at the marquee event for ETFs this week.

    After the $2.6 trillion Boston-based behemoth started selling mutual funds without an annual management charge last year, fees — and how to get them — have loomed over the industry. The annual “Inside ETFs” conference in Hollywood, Florida is no exception.

    Read Full Article
  1. Categories

    1. Members Only:

      Federal Regulation, State Regulation, Vulnerable Adults
    2. General:

      Business Continuity & Succession, Business Development, Education Funding, Financial Planning, FINRA News, Information Technology, Insurance and Risk, Investment Management, Life Insurance, Long Term Care, Organization, Retirement Planning, SEC News, Taxation, Vulnerable Adults, work/life balance
  2. Quotes

    1. The industry has more or less covered most of the major market demand in passive benchmark indexing.
    2. The asset managers are hoping nobody goes first.
    3. Lowering fees has a near perfect record of working for ETFs.