Results for "currencies / foreign exchange"
Displaying 182 results
State regulators launch 'Operation Cryptosweep' to crack down on fraud
May 21, 2018
In a coordinated effort among its member regulators, the North American Securities Administrators Association has launched a series of enforcement actions by state and provincial securities officials in the United States and Canada to crack...
Bitcoin is likely to gain widespread acceptance
December 11, 2017
It's certainly been an interesting couple of months for bitcoin. It advanced more than 70% during the third quarter and nosedived 25% over four days in mid-November only to rebound astronomically in the days since. Still, even as $20,000 seems...
Bitcoin bubble burst raises concerns from lawmakers, regulators about investors
February 6, 2018
Lawmakers and financial regulators expressed worry Tuesday that no matter how volatile the stock market becomes, an investment in virtual currencies could be riskier. Members of the Senate Banking Committee cited the swift rise and sharp fall...
Some ETFs, mutual funds invest indirectly in bitcoin
December 12, 2017
Two mutual fund companies own 43% of Bitcoin Investment Trust (GBTC), currently the only fund that invests exclusively in the cryptocurrency. Kinetics Asset Management owns 27.27% of the outstanding shares of Bitcoin Investment Trust, while...
Advisers still wary of bitcoin as interest grows
November 9, 2017
Investment advisers still warn their clients about the dangers of bitcoin – but they are getting more inquiries about the cryptocurrency. Bitcoin began the year at $899.65, according to WorldCoinIndex.com, and was trading Wednesday at $7,229.39...
Jay Clayton issues cryptocurrency warning
December 12, 2017
In a public statement about cryptocurrencies like bitcoin and initial coin offerings or ICOs, SEC Chairman Jay Clayton urged investors to ask lots of questions and use common sense before investing, suggested that some products might not be...
The (currency) war is on
April 16, 2015
One of the highlights in the first half of 2015 will involve currency valuations across global markets and how the developed economies' efforts to control the value of their currency affect markets. The U.S. dollar is known as the world's safe-haven...
How a strong or weak dollar affects investment returns
January 26, 2018
Among the many things advisers have to worry about, the direction of the U.S. dollar on foreign currency exchanges typically ranks somewhere between where to go out to dinner next Tuesday and how often to floss your teeth. But the dollar's moves...
ETF outflows show growing distaste for U.S. dollar
March 20, 2018
Here's one sign that investors remain hostile to the dollar: Buyers of U.S.-listed funds are rushing into European and Japanese stocks without currency protection. Money managers have pulled $2.1 billion from the WisdomTree Japan Hedged Equity...
Bitcoin futures debut with 26% rally
December 11, 2017
Bitcoin has landed on Wall Street. Futures on the world's most popular cryptocurrency surged as much as 26 percent in their debut session on Cboe Global Markets Inc.'s exchange, triggering two temporary trading halts designed to calm the market....
Wirehouses turn away from bitcoin
January 4, 2018
Wall Street's wirehouses are turning up their noses at bitcoin. None of the four — Merrill Lynch, Morgan Stanley, UBS Wealth Management Americas and Wells Fargo Advisors — are giving their wealth management and retail advisers access to...
David Herro on the best opportunities in international investing
March 22, 2018
David Herro, chief investment officer for international equities at Harris Associates, has been a manager of the $47 billion Oakmark International fund (OAKIX) since 1992. He won Morningstar's International Stock Fund Manager of the Year in...
Don't let currencies bite you when investing in international equities
November 11, 2015
For U.S. investors, the case for international equity investing remains compelling in spite of all the market turmoil of the last few years. The reasons are well-rehearsed: about two-thirds of the global equity market by capitalization is outside...
NYSE and Nasdaq embracing bitcoin
March 25, 2015
The biggest U.S. stock exchange operators are taking steps to embrace bitcoin, spurring speculation the digital currency is coming up from underground. Nasdaq OMX Group Inc. revealed Tuesday that New York-based Noble Markets, a platform for...
Where are the flows?
September 8, 2014
How do you make sense of lackluster flows into equity funds amid the longest outperformance for U.S. stocks since the presidency of Richard Nixon? S&P 500 beating world doesn't spark flows This is Apple's big week but something's missing. 4...
SEC warns investors about pitfalls of Bitcoin
May 8, 2014
Virtual currency may be trendy but it also poses dangers to investors, the Securities and Exchange Commission warned in an alert to investors. The most popular form of digital money is known as Bitcoin, a peer-to-peer currency that has been...
Advisers wary of bitcoin vindicated after big drop
June 12, 2017
Advisers wary of the bitcoin craze were vindicated Monday after the digitical currency dropped 13%. After hitting a high of $3,000 on Sunday, bitcoins dropped nearly $400 and were selling for $2,610. The surge in bitcoin prices had been astonishing....
Stock market selloff triggers a new gold rush
February 12, 2016
Gold rallies amid the stock selloff to once again become the safe-haven play. “I think people are so confused about this market.” Finra bars two brokers for selling a highly speculative hedge fund as a more mundane growth fund. The fund's...
As gold comes under attack, advisers show their mettle
July 21, 2015
Advisers who believe in long-term commitment to commodities, and especially to gold, are having their mettle tested. The SPDR Gold Shares ETF (GLD) is off more than 16% over the last year, while the average gold and precious metals mining funds...
Greece offers prime example of how to get in front of clients to counteract scary headlines
July 13, 2015
Even with another bailout in the works for Greece, the country's fiscal woes will remain in the headlines for months, perhaps longer, and financial advisers are reaching out to clients to make sure they keep this melodrama in perspective. “Now...
