Millennials grew up in a different world than the Baby Boomer and Gen X generations. Their experiences are very tech based but not dependent. They want what everyone wants – great service at the right price. Information is not the holy grail but rather knowledge and wisdom scrapped from that information. All companies need to learn about the younger generations perceptions of their products and services. They will have real buying power shortly. Read more...
Trump’s drawn-out campaign to oust Jerome Powell may end up prolonging the Fed chair's tenure at the central bank.
MFS Investment Management—the firm behind the first U.S. open-end mutual fund—has entered the active ETF market with nine strategies spanning equities, fixed income, and municipal bonds. The move isn’t a reinvention. It’s an extension of more than a century of investment discipline into a modern structure. Jamie Harrison, Head of ETF Capital Markets at MFS, breaks down the lineup, the case for blending active and passive, and what’s driving advisor adoption.