Blow to asset managers in ETF arena

SEC denies applications for actively managed exchange-traded funds

Legal & General cuts tracker fees

Legal & General offices.
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S&P 500 ends at record after BoJ boost

Nikkei at 7-year high, dollar jumps, and gold slides

Schwab storms into ‘robo adviser’ sector

Free rollout sets a high bar for new ETF-based rebalancing service

WisdomTree launches first European ETFs

Four rollouts on LSE track proprietary dividend-weighted indices

European private banks fuelling ETF demand

Pressure on active managers to expand offerings

Disruption arrives for investment managers

‘Robo advisers’ are cheaper, but not yet transformative

Europe’s smart beta market more than doubles

Rapid growth this year dwarfs overall ETF gains

SEC raises a roadblock for non-transparent active ETFs

Regulator rejects BlackRock proposal, but other applicants cling to hope

Record outflows from Europe-focused ETFs

Nearly $3bn pulled from US-listed EU equity ETFs this month

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