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Bitcoin at 18-month high as ETF approval window opens
ETFS NOV 09, 2023
Bitcoin at 18-month high as ETF approval window opens

The cryptocurrency was trading above $36K early Thursday as investors weighed potential green light for funds.

By Bloomberg
ESG veteran warns of multiyear purge for ESG, with ETFs next
ETFS NOV 09, 2023
ESG veteran warns of multiyear purge for ESG, with ETFs next

Sustainability-focused investors could be facing even tougher times ahead.

By Bloomberg
Rising rates have advisors sprinting toward private credit 
FIXED INCOME NOV 08, 2023
Rising rates have advisors sprinting toward private credit 

Such investments also address American banks’ declining interest in making smaller, less-liquid loans since the 2008 financial crisis.

By Gregg Greenberg
Clients win another GWG bond claim, this time against B-D
ALTERNATIVES NOV 07, 2023
Clients win another GWG bond claim, this time against B-D

"We don’t agree with the decision but, with Finra arbitration, there is no appeal," says William H. McCance, president of Ages Financial Services.

By Bruce Kelly
Abacus Life partners with Dynasty Financial Partners for new wealth division
LIFE INSURANCE AND ANNUITIES NOV 07, 2023
Abacus Life partners with Dynasty Financial Partners for new wealth division

The firm will offer clients comprehensive financial planning services.

By Steve Randall
Stocks decline as hopes of quick Fed rate cuts fade
EQUITIES NOV 07, 2023
Stocks decline as hopes of quick Fed rate cuts fade

Minneapolis Fed chair raises doubts but what will Jerome Powell say this week?

By Bloomberg
Cathie Wood eases back on significant Roku holding
EQUITIES NOV 07, 2023
Cathie Wood eases back on significant Roku holding

It's the first time since August that Ark Investment Management has sold the streamer's stock.

By Bloomberg
Robert W. Baird agrees to pay clients $520K for mutual fund charges
INDEPENDENT BROKER DEALERS NOV 06, 2023
Robert W. Baird agrees to pay clients $520K for mutual fund charges

The settlement with Baird stems from Finra's 2020 targeted examination regarding rights of reinstatement.

By Bruce Kelly
2023 Women to Watch Portfolio Manager of the Year 
ETFS NOV 06, 2023
2023 Women to Watch Portfolio Manager of the Year 

Here are the excellence awardees in the InvestmentNews 2023 Women to Watch Portfolio Manager of the Year category.

By InvestmentNews
Why alternatives are a key focus for institutions managing $100M-plus
ALTERNATIVES NOV 06, 2023
Why alternatives are a key focus for institutions managing $100M-plus

Morgan Stanley's Graystone Consulting shares inaugural institutional investment study.

By Steve Randall
The insurance industry really doesn't like the DOL's proposed rule
RETIREMENT PLANNING NOV 02, 2023
The insurance industry really doesn't like the DOL's proposed rule

Independent agents who sell annuities could be fiduciaries for the first time.

By Emile Hallez
Real estate firm that raised money through IBDs blows up
ALTERNATIVES NOV 01, 2023
Real estate firm that raised money through IBDs blows up

Bellevue, Washington-based iCap focused on developing apartment buildings and stand-alone real estate.

By Bruce Kelly
Private credit allocations rising as investors seek diversification  
FIXED INCOME NOV 01, 2023
Private credit allocations rising as investors seek diversification  

Private asset classes are also tipped to outperform bonds and real estate.

By Steve Randall
Oil and gas firms could face a decade of credit downgrades, Fitch says
EQUITIES NOV 01, 2023
Oil and gas firms could face a decade of credit downgrades, Fitch says

Companies that do not make progress in net zero transition set to suffer.

By Bloomberg
Broker, executive hit with $1M arbitration loss over GWG bonds
ALTERNATIVES OCT 31, 2023
Broker, executive hit with $1M arbitration loss over GWG bonds

'The financial advisor recommended he put the entire amount in GWG L bonds,' the claimant's attorney says.

By Bruce Kelly
Foreign investors dumped $27B in EM Asia equities in last three months
EQUITIES OCT 31, 2023
Foreign investors dumped $27B in EM Asia equities in last three months

It's the longest run of selling since China's Covid lockdowns last year.

By Bloomberg
Are white-knuckle traders a dying breed in macro funds?
EQUITIES OCT 31, 2023
Are white-knuckle traders a dying breed in macro funds?

By Bloomberg
Texas green energy probe threatens banks’ muni deals in state
FIXED INCOME OCT 27, 2023
Texas green energy probe threatens banks’ muni deals in state

At least two banks were dropped from underwriting muni deals since Texas Attorney General Paxton said last week he was probing the energy policies of a group of financial firms.

By Bloomberg
BofA strategist sees risk of S&P 500 dropping 5%
EQUITIES OCT 27, 2023
BofA strategist sees risk of S&P 500 dropping 5%

Bearish outlook comes as index narrowly misses a technical correction.

By Bloomberg
Fidelity aims to make its mark in ETF market
ETFS OCT 26, 2023
Fidelity aims to make its mark in ETF market

The fund company is seeking a government waiver allowing its actively managed mutual funds to also operate as exchange-traded funds, a concept Vanguard pioneered.

By Bloomberg