Derivative income funds totaled more than $84.6 billion in assets in March, up from $53.6 billion the prior year and $5.1 billion a decade ago.
"They don't understand how Bitcoin has an enhanced Sharpe ratio and benefits overall volatility in a portfolio."
Gold has been shining this year, but there are other precious metals that advisors may want to consider adding to portfolios.
Demand for office space is down as employees that were coming in five days a week are now coming in only three or four days.
The three hottest investment areas over the past few years – crypto, AI and EVs – all require a ton of electricity.
The number of client phone calls regarding environmental, social and governance investing has steadily diminished, some advisors say.
'We see asset managers having to provide more services, technology support, education to remain relevant and ultimately provide a better partnership to advisors,' a BNY Mellon exec says.
Well, maybe sell a little, says Jeffrey Hirsch, editor-in-chief of the Stock Trader’s Almanac.
If the typical PE firm employs leverage and the cost of borrowing rises, it would make sense that higher interest rates would cut into its returns.
'If you think taxes are going up, munis and the muni exemption are a great place to be," Nuveen's head of municipals says.