This story requires our BI Prime membership. To read the full article,Investment management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisers.
The portfolios will be built using Fidelity's own mutual funds and ETFs, the firm said, as well as third-party ETFs including BlackRock's iShares. BlackRock is set to report fourth-quarter earnings on Tuesday. Investment-management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisers.
Model portfolios' total market size has swelled to some $2.7 trillion in assets, representing 19% annual growth since 2016, according to an October, the financial-technology firm that services global financial institutions. Broadridge expects model portfolio assets will more than double by 2023. are "trying to do seven jobs well," Smith said in an interview, and using model portfolios can take away some of the investment selection work.
that it was effectively trying to make clients' model portfolio process smarter through a fintech partnership. space, questions have cropped up around the relationships between asset managers and the brokerages and other platforms distributing their products — especially when there's crossover between offerings.
❤️
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Future Of Legal: A New Model For Addressing Modern Business ChallengesThe legal function’s role in assuring operational excellence cannot be overstated in the modern business environment as businesses navigate globalization, increased levels of regulation, and digitization. Deloitte 👍 Deloitte The over-use of AI can be abused by an oppressive government. I also believe that the overdevelopment of AI, which results in the replacement of workers, will create not only a dysfunctional business ecosystem but also a dystopian society with extreme poverty
Source: Forbes - 🏆 394. / 53 Read more »
Three key trends we took away from CES 2020 - Business InsiderAnalysts at Business Insider Intelligence highlight three key trends from the 2020 Consumer Electronics Show.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Shake Shack expands four-day work week test for managers - Business InsiderShake Shack has rolled out a 4-day work week at dozens of locations, as the CEO says it's 'never been harder' to attract and retain workers Here’s a tip-pay them better and offer health insurance and benefits. Simple.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Boeing's new CEO to get $7 million if 737 Max in operation again - Business InsiderAlthough Boeing's new CEO David Calhoun has been called the 'turnaround specialist,' getting the 737 Max off the ground will be no easy task. $’s over safety, sounds very reasonable. What could go wrong? boeing Missing a zero? $70 million if he gets the 737 Max to fly without crashing again.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sony won't announce new PlayStation at E3 for the first time ever - Business InsiderEven with the PlayStation 5 launching this year, Sony is skipping E3 2020, focusing instead on 'hundreds of consumer events across the globe.'
Source: BusinessInsider - 🏆 729. / 51 Read more »
5 things you should do to live longer, according to new Harvard research - Business InsiderDrinking in moderation, and not smoking, could make a real difference down the line — and Harvard has the data to show it.
Source: BusinessInsider - 🏆 729. / 51 Read more »