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Larger trade impact, weaker spending dent US economy
RIA NEWS MAY 29, 2025
Larger trade impact, weaker spending dent US economy

Latest figures from the Bureau of Economic Analysis point to a slowdown in the first quarter of 2025.

Wall Street rush into Vanguard-style funds draws concerns
ETFS MAY 28, 2025
Wall Street rush into Vanguard-style funds draws concerns

Asset managers filing to launch dual share-class mutual funds, creating an ETF sleeve for existing strategies, could end up eroding key benefits of the wrapper.

Cantor Fitzgerald to acquire hedge fund unit from UBS
WIREHOUSES MAY 28, 2025
Cantor Fitzgerald to acquire hedge fund unit from UBS

The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.

Vanguard effect loses potency as new ETFs post record high in fees
ETFS MAY 27, 2025
Vanguard effect loses potency as new ETFs post record high in fees

The latest launches in 2025, which include leveraged strategies, cryptocurrency, and active funds, mark a sharp turn from the passive revolution envisioned by Jack Bogle.

'Revenge tax' to hit US allies with tax rules tagged unfair by Trump
REGULATION AND LEGISLATION MAY 27, 2025
'Revenge tax' to hit US allies with tax rules tagged unfair by Trump

A section of the House-approved bill targeting counterparties in decades-old treaties could impact institutional investors, as well as retail participants and businesses with US interests.

Tiger-backed Robinhood rival riffs on direct indexing for DIY investors
FINTECH MAY 23, 2025
Tiger-backed Robinhood rival riffs on direct indexing for DIY investors

Soon-to-launch AI-powered tool allows retail investors to build bespoke indexes, with users able to buy in with fractional shares.

Trump threatens 25% tariffs against Apple unless iPhones made in US
EQUITIES MAY 23, 2025
Trump threatens 25% tariffs against Apple unless iPhones made in US

The tech giant's shares slumped following presidential blowback against its India offshoring strategy.

Trump's next reckoning: the fixed-income market's fiscal deficit focus
FIXED INCOME MAY 22, 2025
Trump's next reckoning: the fixed-income market's fiscal deficit focus

Bond investors "getting fed up" as passage of GOP-led tax bill amplifies concerns around the country's ballooning national debt.

Trump's 'big beautiful' tax bill squeaks past House
EQUITIES MAY 22, 2025
Trump's 'big beautiful' tax bill squeaks past House

After an extended impasse with an infighting GOP, the president's signature legislation heads to the Senate with late changes to SALT and relief for overtime pay.

US government deficit brings warnings from bond market
FIXED INCOME MAY 22, 2025
US government deficit brings warnings from bond market

Pushback comes as tax bill edges closer.