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Trump presidency could put Fed independence at risk, warns BlackRock strategist
NEWS INDUSTRY NEWS AUG 09, 2024
Trump presidency could put Fed independence at risk, warns BlackRock strategist

Treasury bond yields could climb as markets weigh the potential of a less free-thinking central bank, experts argue.

By Bloomberg
JPMorgan is joining Wall Street’s AI productivity war
NEWS INDUSTRY NEWS AUG 09, 2024
JPMorgan is joining Wall Street’s AI productivity war

The financial services titan has rolled out an AI assistant to thousands of employees, but it’s still exercising caution, according to one C-suite leader.

By Leo Almazora
Economists expect Fed to ignore jumbo rate cut calls
NEWS INDUSTRY NEWS AUG 09, 2024
Economists expect Fed to ignore jumbo rate cut calls

The recent weak jobs data and market meltdown aren't enough to merit more than a quarter-point move, survey shows.

By Bloomberg
Two-fifths of advisors want to confer with investment specialists
NEWS INDUSTRY NEWS AUG 09, 2024
Two-fifths of advisors want to confer with investment specialists

Survey suggests asset managers should send out ETF and alternative specialists – but their lack of business savvy poses a challenge.

By Leo Almazora
Don't shy away from whipsawing markets
NEWS INDUSTRY NEWS AUG 09, 2024
Don't shy away from whipsawing markets

Advisor says threat of volatility and economic uncertainty is always there but the key to client success is a long-term approach.

By Chris Davis
Goldman Sachs taps BlackRock pension alum for asset management unit
NEWS INDUSTRY NEWS AUG 09, 2024
Goldman Sachs taps BlackRock pension alum for asset management unit

The Wall Street giant’s latest hire will draw on his experience with large RIAs as he fosters relationships in key US markets.

By Leo Almazora
Investor bearishness jumps, CEOs confidence also lower
NEWS INDUSTRY NEWS AUG 09, 2024
Investor bearishness jumps, CEOs confidence also lower

New survey shows growing expectation for lower stock market ahead.

By Steve Randall
Family offices are becoming more professional, but face 10 key challenges
NEWS INDUSTRY NEWS AUG 09, 2024
Family offices are becoming more professional, but face 10 key challenges

New research finds improved governance, management, infrastructure.

By Steve Randall
BofA's Hartnett says sell-off not yet at 'hard landing' levels
NEWS INDUSTRY NEWS AUG 09, 2024
BofA's Hartnett says sell-off not yet at 'hard landing' levels

Wall Street strategist says technical levels have not been broken.

By Bloomberg
BlackRock plans ETFs for big tech bulls and bears
NEWS INDUSTRY NEWS AUG 09, 2024
BlackRock plans ETFs for big tech bulls and bears

Funds offer exposure to large or small technology firms.

By Bloomberg
EM investors sharpen focus amid volatile markets
NEWS INDUSTRY NEWS AUG 09, 2024
EM investors sharpen focus amid volatile markets

Two Asian markets dominate investor attention.

By Bloomberg
How a former Google engineer became China's richest person
NEWS INDUSTRY NEWS AUG 09, 2024
How a former Google engineer became China's richest person

Behind the rise of a 44-year-old e-commerce billionaire.

By Bloomberg
Architect of Osaic's million dollar rebrand jumps back to LPL
NEWS BROKER DEALERS AUG 08, 2024
Architect of Osaic's million dollar rebrand jumps back to LPL

It's not clear why Jen Roche left Osaic.

By Bruce Kelly
Advisors take stock after AI shares suffer cruel summer
NEWS INDUSTRY NEWS AUG 08, 2024
Advisors take stock after AI shares suffer cruel summer

AI stocks have had a rough summer after a huge run higher. Are the good times over, or is this just a speed bump?

By Gregg Greenberg
For many US athletes, the road to the Olympics is paved with debt
NEWS INDUSTRY NEWS AUG 08, 2024
For many US athletes, the road to the Olympics is paved with debt

With no financial backing and limited incentives, aspiring Olympians are literally locked in a winner-take-all competition.

By Leo Almazora
Relief rally for stocks as markets digest jobless claims data
NEWS INDUSTRY NEWS AUG 08, 2024
Relief rally for stocks as markets digest jobless claims data

Initial data point to still-solid labor market, boosting hopes that the Federal Reserve isn't behind the curve.

By Bloomberg
CV Advisors bolsters its bench with $800M UHNW family office veteran
NEWS RIAS AUG 08, 2024
CV Advisors bolsters its bench with $800M UHNW family office veteran

The $11B RIA's latest hire from Valor Advisors comes with 18 years of experience, including tenures at JPMorgan and UBS.

By Leo Almazora
Hot List 2024: Entries now open
NEWS INDUSTRY NEWS AUG 08, 2024
Hot List 2024: Entries now open

InvestmentNews is searching for the leading professionals in the industry.

By IN Staff
Global bonds gain as markets await US labor report
NEWS INDUSTRY NEWS AUG 08, 2024
Global bonds gain as markets await US labor report

Growing concerns of US recession have increased volatility.

By Bloomberg
Empower earnings at new record as personal wealth, workplace units expand
NEWS INDUSTRY NEWS AUG 08, 2024
Empower earnings at new record as personal wealth, workplace units expand

The firm has seen earnings grow 19% year-over-year across its business.

By Steve Randall