We think these value index funds' performance record relative to active funds is the result of investment decisions made by the active managers, not the ETF's. CFRA thinks what’s going to drive a fund like SPYV in 2018 and beyond are its holdings.
Confidence in their finances is rising among millennials with more than $1 million in investable assets, according to a new SunTrust Banks study. The study found that 88 percent of high net worth millennials were more confident about their finances than a year ago, markedly more than those in Generation X (66 percent) and Baby Boomers (47 percent). ...
Brown Advisory Acquires Meritage Capital Austin, Texas-based Brown Advisory has acquired Meritage Capital. Also based in Austin, Meritage was created by two former executives at the computer company Dell in 2003. It has grown to manage over $1 billion, specializing in hedge fund investment solutions. ...
David Canter Runs for Pro Bono Planning David Canter, the head of Fidelity’s registered investment advisor business, will run his fifth Boston Marathon this year, which takes place April 16. This time around Canter will raise money to support the Foundation for Financial Planning, which connects the financial planning community to those in need. ...
