A staff-wide email reminded employees of ethics rules as suspicious trades around the Iran conflict draw Democratic calls for tighter regulation.
Private equity may be getting a big push on Wall Street but wealth managers are still strategically using hedge funds to achieve client goals.
Report reveals wealth managers expect growth of wine within portfolios.
Oil prices remain more than 40% above pre-war levels and ship traffic through the Strait of Hormuz has barely recovered, as the US-Iran ceasefire frays amid competing claims over its terms.
“The implications of a Moody’s downgrade itself are that it damages confidence,” said a senior industry executive.
With more than $8 billion trapped across the industry and rivals capping withdrawals, the firm is now moving to capitalize on easing competition among lenders.
But inflation and supply chain risks are still dominating underlying market sentiment.
The JPMorgan chief''s annual letter points to the '70s oil-shock recession, private credit losses running "a little higher than they should be," and "second- and third-order effects" from emerging AI technology.
Roland Kastoun, asset and wealth management advisory leader at PwC, says private credit's recent troubles will ultimately make the asset class stronger.
Meanwhile, KKR FS also limits client redemptions.
Improved liquidity and investor ‘safe haven’ demand signal a potential floor after prolonged correction.
“It’s trying to help advisors, empower them in that conversation with their clients,” said Rasmus Goksor, CEO of Sekond.
“Crypto’s institutional moment has arrived,” an executive said.
Comparable cases against JPMorgan resulted in awards up to $2.5 million.
Investors lost 98%. The manager never stopped collecting fees.
The proposal, which offers plan sponsors a process-based safe harbor to curb ERISA lawsuits, comes as private-credit volatility raises fresh questions for advisors and their clients.
As withdrawals rise and fundraising cools, the debate is shifting from returns to redemption mechanics – and whether today’s guardrails can allay or aggravate investor unease.
Fresh attacks, strained Gulf flows and rising risk premiums jolt global investors and energy outlook
Alternative trading systems and crypto are of particular interest to Fidelity.
New study shows fundraising surge, $1.6T AUM and widening sector bets.
