Industry News

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Will 2024 be a milestone year for hedge fund use of AI?
NEWS FINTECH FEB 02, 2024
Will 2024 be a milestone year for hedge fund use of AI?

If the industry can overcome some major hurdles, it could be.

By Steve Randall
What's expected from Friday's jobs data?
NEWS INDUSTRY NEWS FEB 02, 2024
What's expected from Friday's jobs data?

The market may have been softer in 2023 than anticipated.

By Bloomberg
Global credit spreads increase on banks' exposure to bad loans
NEWS EQUITIES FEB 02, 2024
Global credit spreads increase on banks' exposure to bad loans

Corporate and investment-grade financial bonds have seen large increases.

By Bloomberg
‘Ask good questions, be quiet, and listen’
NEWS INDUSTRY NEWS FEB 01, 2024
‘Ask good questions, be quiet, and listen’

Specific life goals are the key for clients, says financial planner.

By Emily Douglas
Survey finds CFPs are in the money
NEWS PRACTICE MANAGEMENT FEB 01, 2024
Survey finds CFPs are in the money

'You get all these altruistic benefits and the financial benefits,' says CFP Board chair Matthew Boersen.

By Mark Schoeff Jr.
Fed provides rate-cuts reality check for Wall Street
NEWS INDUSTRY NEWS FEB 01, 2024
Fed provides rate-cuts reality check for Wall Street

Is March now off the table for the US central bank?

By Bloomberg
European markets react to Fed's rates narrative
NEWS EQUITIES FEB 01, 2024
European markets react to Fed's rates narrative

Earnings were also in focus as Thursday's trading commenced.

By Bloomberg
Cooler labor market means bigger paychecks are harder to get
NEWS INDUSTRY NEWS FEB 01, 2024
Cooler labor market means bigger paychecks are harder to get

Many workers say they are glad to have a job, but unhappy.

By Bloomberg
When will the Fed start cutting?
NEWS FIXED INCOME JAN 31, 2024
When will the Fed start cutting?

Advisors give their take on the path ahead as central bank reveals its latest interest-rate decision.

By James Burton
AllianceBernstein's $38B UHNW unit will no longer have 'financial advisors'
NEWS INDUSTRY NEWS JAN 31, 2024
AllianceBernstein's $38B UHNW unit will no longer have 'financial advisors'

Bernstein Private Wealth Management is bolstering its platform for elite clients.

By Steve Randall
Fed to hold rates today, but what next?
NEWS INDUSTRY NEWS JAN 31, 2024
Fed to hold rates today, but what next?

Less than half of investors think a March rate cut is likely.

By Bloomberg
PGIM exec says markets are wrong on inflation
NEWS INDUSTRY NEWS JAN 31, 2024
PGIM exec says markets are wrong on inflation

Greg Peters says the hardest part may be ahead of us.

By Bloomberg
Musk denied $55B Tesla pay packet by US judge
NEWS INDUSTRY NEWS JAN 31, 2024
Musk denied $55B Tesla pay packet by US judge

If the ruling stands, Musk will drop to world’s third richest person.

By Bloomberg
Gold demand is heading for new record high
NEWS INDUSTRY NEWS JAN 31, 2024
Gold demand is heading for new record high

Central banks and OTC market are fueling demand, according to the World Gold Council.

By Bloomberg
'We’re scrambling to figure out spot-bitcoin ETFs,' says industry exec
NEWS ALTERNATIVES JAN 30, 2024
'We’re scrambling to figure out spot-bitcoin ETFs,' says industry exec

Many broker-dealers still have plenty of work to do regarding new product.

By Bruce Kelly
Giant conflicts alleged involving a former advisor
NEWS ALTERNATIVES JAN 30, 2024
Giant conflicts alleged involving a former advisor

'I worked my whole life trying to save for now, and I can't retire,' says Galia Meiri, one of the advisor's clients.

By Bruce Kelly
Investors are making more cross-border money moves
NEWS INDUSTRY NEWS JAN 30, 2024
Investors are making more cross-border money moves

Predictions of interest-rate cuts have prompted a rebound in international flows.

By Bloomberg
Make informed decisions with the InvestmentNews Advisor Research Dashboard 
NEWS INDUSTRY NEWS JAN 29, 2024
Make informed decisions with the InvestmentNews Advisor Research Dashboard 

For a limited time only, subscribers can now enjoy a remarkable 25% discount on their annual membership.

By InvestmentNews
Advisor’s message to millennials: There is hope
NEWS RIAS JAN 29, 2024
Advisor’s message to millennials: There is hope

Preparing his finances to become a dad, Kevin Mahoney was taken aback by the amount of research needed. He decided to use his financial knowledge to help fellow new parents

By Emily Douglas
What is the future of advice?
NEWS INDUSTRY NEWS JAN 29, 2024
What is the future of advice?

The industry has largely moved on from investment-centric presentations to more human-centric, interactive experiences, but it seems advisors aren’t yet fully seizing this opportunity.

By InvestmentNews