The traditional mix of 60% equities and 40% bonds has come under threat of late as losses in the stock market are sometimes met with little more than a shrug in U.S. Treasuries, rather than a rally that protects the entire portfolio.
Survey finds most institutional investors look for sustainable investing and diversity criteria when hiring equity managers.
UBS, Banco BTG Pactual, Insigneo and Andbank are among those seeking to hire from the roughly 330 advisers who were part of Wells' international wealth unit.
Stefan He Qin stole investor money from his Virgil Sigma Fund and attempted to dip into his VQR Multistrategy Fund to pay back investors in the first fund, prosecutors say.
It’s a reminder that the wild ride may be far from over for these stocks. While $164 billion in value has been wiped from those 50 companies in a matter of days, data compiled by Bloomberg show, that came after $276 billion in market cap was added from the start of the year.
The meeting with the SEC, the Fed, the New York Fed and the CFTC is the Treasury secretary's first public effort to address the tumult involving GameStop shares.
The Democratic senator wants to know whether the limits the online brokerage set on trading shares of GameStop and other companies were influenced by hedge fund investors or financial services partners.
The bank was the worst performer in the KBW Bank Index last years; its shares tumbled as it slashed its dividend and reported its first quarterly loss since 2008.
The Bridgewater Associates founder calls Bitcoin ‘one hell of an invention.’ But he says that he finds it challenging to put a value on digital assets and that cryptocurrencies are probably vulnerable to being hacked.
Robinhood drew millions from bank credit lines as well as raising more than $1 billion from its existing investors.
