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The top 20 carried an average expense ratio of more than three times the broader industry.

The new fund, expected to begin trading next quarter, will carry an expense ratio of less than half the new actively managed offering.

The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.

Asus’ 2021 laptop line includes two new dual-screen ZenBooks Jan 13, 2021, 1:00pm EST If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. Share this story Asus Asus has announced two new dual-screen ZenBook Duo laptops as part of its slate of CES 2021 announcements. The 15-inch model will be available in North America in April of this year, but you can preorder the 14-incher for $999.99 starting January 14th to ship on January 22nd. There’s also a new VivoBook and a new ExpertBook for folks looking for light and portable purchases....

Rene Martel Most liability-driven investing (LDI) portfolios deployed by private defined benefit plan sponsors combine long-dated credit and long government (or Treasury) bonds. The optimal weighting of these components depends on several plan-specific factors, including the nature of the plan’s discount rate methodology, its asset allocation, and the duration and curve exposure of its liabilities. Whatever those weightings may be, the decision to combine credit and government bonds in blended LDI mandates (the bundled approach) or to separate them into sector-specific mandates (the unbundl...