Investing

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US alternative asset manager to boost AUM by $4B with private markets acquisition
ALTERNATIVES JUL 25, 2023
US alternative asset manager to boost AUM by $4B with private markets acquisition

HighVista Strategies is acquiring the US private markets business of abrdn Inc.

By Steve Randall
Investors want crypto custodians and Wall Street wants a slice of that
ALTERNATIVES JUL 25, 2023
Investors want crypto custodians and Wall Street wants a slice of that

Demand for third-party custodian services for digital assets is heating up following the FTX exchange collapse.

By Bloomberg
Morgan Stanley files for next round of ETFs
WIREHOUSES JUL 24, 2023
Morgan Stanley files for next round of ETFs

The firm is launching three fixed-income exchange-traded funds bearing the Eaton Vance name, in addition to a Parametric ETF.

By Bloomberg
Ex-UBS wealth chief Tom Naratil joins Lightyear Capital
ALTERNATIVES JUL 24, 2023
Ex-UBS wealth chief Tom Naratil joins Lightyear Capital

Naratil, a 39-year veteran of UBS, last fall stepped down from his senior roles at the wirehouse.

By Bruce Kelly
Bypassing Wall Street proves costly for P2P crypto exchanges
ALTERNATIVES JUL 24, 2023
Bypassing Wall Street proves costly for P2P crypto exchanges

The peer-to-peer trading digital asset trading platforms are struggling to achieve their decentralized dreams.

By Bloomberg
Sustainable fund outflows aren't fazing advisors
MUTUAL FUNDS JUL 21, 2023
Sustainable fund outflows aren't fazing advisors

Performance has turned around for ESG-themed funds in recent months.

By Emile Hallez
Lingering pain for clients of defunct broker-dealer
ALTERNATIVES JUL 21, 2023
Lingering pain for clients of defunct broker-dealer

The egregious case of Jamie Worden and the continuing issue of unpaid arbitration awards.

By Bruce Kelly
Contentious ESG label dethroning green bonds, says former HSBC banker
FIXED INCOME JUL 20, 2023
Contentious ESG label dethroning green bonds, says former HSBC banker

While sustainability-linked bonds have come in for some criticism, they have the potential to dominate the roughly $6 trillion ethical debt market.

By Bloomberg
ETF strategy designed for night owls gets a wake-up call
EQUITIES JUL 20, 2023
ETF strategy designed for night owls gets a wake-up call

NightShares shutters two ETFs that only invest when the market is closed.

By Jeff Benjamin
Planning for the 40% of retirements that occur without warning
RETIREMENT PLANNING JUL 19, 2023
Planning for the 40% of retirements that occur without warning

Considering a range of scenarios and having different buckets of assets is helpful, advisors say.

By Emile Hallez
Wall Street earnings, AI stocks push S&P 500 higher
EQUITIES JUL 19, 2023
Wall Street earnings, AI stocks push S&P 500 higher

But markets are still uncertain about Fed’s moves, with data inconclusive.

By Bloomberg
FPA rolls out welcome mat for alternative investments
ALTERNATIVES JUL 18, 2023
FPA rolls out welcome mat for alternative investments

A partnership with the Chartered Alternative Investment Analyst Association will help FPA members educate themselves and their clients about alternatives.

By Jeff Benjamin
Global bond ETF AUM passes $2 trillion milestone, doubling in just 4 years
MUTUAL FUNDS JUL 18, 2023
Global bond ETF AUM passes $2 trillion milestone, doubling in just 4 years

Exponential growth has propelled and transformed the market says BlackRock.

By Steve Randall
Young people far more likely to invest in ETFs than over 55s, says Invesco
MUTUAL FUNDS JUL 18, 2023
Young people far more likely to invest in ETFs than over 55s, says Invesco

Survey of retail investors also reveals why some private investors do not hold ETFs in their portfolios.

By Steve Randall
BlackRock bringing proxy-voting choice to retail investors in its largest ETF
ETFS JUL 17, 2023
BlackRock bringing proxy-voting choice to retail investors in its largest ETF

More than three million shareholder accounts in BlackRock's iShares Core S&P 500 ETF will be able to vote.

By Ryan W. Neal
Stifel advisor facing $23.5 million in investor claims over structured notes
ALTERNATIVES JUL 17, 2023
Stifel advisor facing $23.5 million in investor claims over structured notes

The Miami Beach, Florida-based advisor, Chuck Roberts, is a 33-year industry veteran and has worked at Stifel since 2016.

By Bruce Kelly
401(k)s need private equity and real estate, study says
RETIREMENT PLANNING JUL 17, 2023
401(k)s need private equity and real estate, study says

If plans can address liquidity and valuation concerns, they could benefit from higher returns, Georgetown CRI found.

By Emile Hallez
Potential economic storms prompt investors to leave Cathie Wood's ARK
MUTUAL FUNDS JUL 17, 2023
Potential economic storms prompt investors to leave Cathie Wood's ARK

Economic uncertainty means investors want to see profits, but is the seasoned investor concerned about outflows despite her funds' rally?

By Steve Randall
US venture capital funding slumped 49% in 2023
ALTERNATIVES JUL 17, 2023
US venture capital funding slumped 49% in 2023

Activity was down sharply in the first half of 2023 compared to the same time last year.

By Steve Randall
Alternative fund managers says regulation is their biggest concern right now
ALTERNATIVES JUL 17, 2023
Alternative fund managers says regulation is their biggest concern right now

International research also found that reporting and liquidity are challenges for the industry’s successful fundraising.

By Steve Randall