These 3 ETFs offer low-fee gold exposure

An improved U.S. economy and low unemployment led the U.S. Federal Reserve to raise interest rates three times in 2017 and twice so far this year. That dampens the risk of a falling U.S. dollar and much-stronger inflation. Typically, both of those factors are needed… Read More

State Street buys data analytics firm

STATE STREET CORP. $87 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 365.4 million; Market cap: $31.8 billion; Price-to-sales ratio: 2.8; Dividend yield: 2.2%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers… Read More

Cost cutting spurs State Street

STATE STREET CORP. $99 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 367.7 million; Market cap: $36.4 billion; Price-to-sales ratio: 3.3; Dividend yield: 1.7%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers… Read More

Just how safe are your ETF assets?

If an ETF manager, like Blackrock, goes bankrupt, it would then be the responsibility of the ETF’s board of directors to appoint a replacement manager, self-manage its fund, or make the decision to wind up its ETF. However, the bankruptcy should have little or no… Read More

Three more Finance stocks to buy

In addition to Visa and American Express (see pages 111 and 112), we also recommend these three stocks to investors looking to broaden their Finance holdings beyond the big banks.

All three picks are leaders in their niche fields. That helps shield them from fintech… Read More

Four providers control the market

Four large global ETF providers dominate the global industry, with an estimated 75% market share. Three of them—Blackrock (iShares), Vanguard and State Street Global Advisors (SPDR)—are U.S. based. Deutsche Bank is the fourth. Sheer size allows each provider to offer exceptionally low management fees on… Read More

State Street profits from GE purchase

STATE STREET CORP. $84 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; s/o: 385.7 million; Market cap: $32.4 billion; p/s ratio: 3.1; Divd. yield: 1.8%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also… Read More

Acquisition spurs State Street’s profit

STATE STREET CORP. $79 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 385.7 million; Market cap: $30.5 billion; Price-to-sales ratio: 3.0; Dividend yield: 1.9%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to the operators of mutual funds and pension plans… Read More