Edward Hayes

Washington, D.C., United States

Contributor at Financial Advisor

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Articles

BlackRock Introduces Public-Private Markets Portfolio

2 weeks ago | fa-mag.com | Edward Hayes

BlackRock has launched first-of-their-kind customizable public-private model portfolios within a unified managed account to give advisors easier access to the private markets. With help from GeoWealth and iCapital, the new portfolios give advisors the opportunity to invest in both private and public funds on a platform that will create, manage and rebalance the investments through the advisors’ custodian or transfer agent all in one place.
Polen Launches 2 Active Credit ETFs

2 weeks ago | fa-mag.com | Edward Hayes

Polen Capital, a global investment management firm, has launched two active credit exchange-traded funds to bring its fixed-income investment strategy to a wider range of clients. The Polen Floating Rate Income ETF (PCFI) and the Polen High Income ETF (PCHI) are designed to help investors meet their income, diversification and growth goals. They are the Boca Raton, Fla.-based firm’s first-ever fixed-income ETFs, according to John Sherman, a portfolio manager at Polen.
Fidelity Lauches Its First Municipal Bond ETFs

2 weeks ago | fa-mag.com | Edward Hayes

Fidelity Investments announced the expansion of its fixed income lineup with the launch of its first municipal bond exchange-traded funds. The Fidelity Municipal Bond Opportunities ETF (FMUB) and the Fidelity Systematic Municipal Bond Index ETF (FMUN) are converted mutual funds that have become the first municipal bond ETFs in the firm's history. The mutual fund that became the opportunities ETF launched in 2023 and the other launched in 2019, according to the firm.
Outcome ETF Assets Could Triple In 5 Years, BlackRock Says

2 weeks ago | fa-mag.com | Edward Hayes

BlackRock expects the assets of outcome exchange-traded funds to more than triple over the next five years, according to a new report the firm published recently. Last year, the funds had about $181 billion in assets and BlackRock expects those numbers to increase to about $650 billion by 2030, according to the report. Outcome ETFs use options-based strategies to achieve a variety of goals ranging from enhanced income to downside protection.
WealthTech Firm Flourish Acquires Sora Financial

2 weeks ago | fa-mag.com | Edward Hayes

Flourish, a tech platform for advisors, has acquired Sora Financial, an AI-driven limited liability platform for advisors. The deal creates "one of the industry's first comprehensive platforms addressing both asset and liability management for RIAs, empowering independent advisors to bring cash and lending services to their clients," Flourish said in a press release. Financial terms of the deal were not disclosed.
Intech Jumps Into Retail Market With First-Ever ETFs

3 weeks ago | fa-mag.com | Edward Hayes

Equity management firm Intech has launched its first two exchange-traded funds, turning to strategies it has successfully used for more than 30 years. The West Palm Beach, Fla.-based firm, which was spun out of Janus Henderson in 2022, has introduced the Intech S&P Large Cap Diversified Alpha ETF (LGDX) and Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX). The firm launched the ETFs because it believes much of the equity markets are too highly concentrated.
Osaic Partners With Zocks To Bring AI Technology To Advisors

3 weeks ago | fa-mag.com | Edward Hayes

Osaic, formerly Advisor Group, has partnered with Zocks, an artificial intelligence platform, to provide its advisors with technology that will minimize some of their mundane tasks so they can spend more time with clients. Through the partnership, San Francisco-based Zocks will be integrating its Client Intelligence Platform into Osaic’s data stack, according to Mark Gilbert, CEO and co-founder of Zocks.
Advisor360° Introduces CRM For Independent RIAs

3 weeks ago | fa-mag.com | Edward Hayes

Advisor360° Introduces CRM For Independent RIAs Advisor360°, which provides integrated technology for wealth management firms, has launched Tandem, its first customer relationship management (CRM) tool targeted specifically for independent registered investment advisors (RIAs). The enhanced CRM provides a reporting engine, a secure document management vault, financial planning integrations, as well as a modern client-facing portal to advisors, according to the Weston, Mass.-based firm.
U.S. Power Demands Create Opening For Private Market, JPMorgan Says

3 weeks ago | fa-mag.com | Edward Hayes

The public sector's failure to meet the demand for new power generation facilities has created an opening for private market investors, according to J.P Morgan Asset Management. After 20 years in which its electricity production has been stagnant, the U.S. is expected to increase electric generation facilities by a couple of percentage points between 2024 and 2026, the firm said in a new report.
Americans Still Feeling Sting Of Inflation, Northwestern Mutual Says

4 weeks ago | fa-mag.com | Edward Hayes

While inflation has dropped significantly from where it was a few years ago, Americans are still worrying about it and feel their salaries are failing to keep up, according to a survey from Northwestern Mutual. The survey of more than 4,600 individuals found that 51% believe inflation will increase this year compared to only 25% who expect it to decrease and 24% who believe it will remain the same.