Investing

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Gold emerges once again as rock of stability amid market unrest
ALTERNATIVES FEB 24, 2022
Gold emerges once again as rock of stability amid market unrest

The precious metal is up 4.3% this year, which compares to the 11% drop in the S&P 500 Index.

By Jeff Benjamin
Financial advisers downplay geopolitical unrest while preparing for the worst
RIA NEWS FEB 24, 2022
Financial advisers downplay geopolitical unrest while preparing for the worst

Financial markets are reacting to Russia's invasion of Ukraine, while market watchers dissect the bigger picture.

By Jeff Benjamin
Last great ETF holdout caves as Capital Group launches funds
MUTUAL FUNDS FEB 24, 2022
Last great ETF holdout caves as Capital Group launches funds

One ETF will focus on fixed income, three will invest primarily in U.S. equities, and two will be devoted to global stocks.

By Bloomberg
Americans want new ways to generate retirement income
OPINION FEB 24, 2022
Americans want new ways to generate retirement income

Why aren't advisers talking to clients about the solutions that are out there? Many investors are still choosing only traditional investment vehicles and missing the complementary role annuities can play in retirement portfolios.

By Chris Blunt
Gold fights off rising rates, Bitcoin to be haven in tough times
ALTERNATIVES FEB 23, 2022
Gold fights off rising rates, Bitcoin to be haven in tough times

Bullion and real U.S. interest rates have climbed this year but tightening rate cycles are not necessarily bearish for gold.

By Bloomberg
Envestnet weighs options after seeing takeover interest
ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

By Bloomberg
SEC flooded with comment letters about Bitcoin ETFs
ALTERNATIVES FEB 22, 2022
SEC flooded with comment letters about Bitcoin ETFs

Hundreds of comments have been published online in the past two weeks, after Grayscale Investments launched a media campaign encouraging the public to weigh in on a Bitcoin ETF.

By Sean Allocca
CI Financial adds $5 billion RIA, reports record financial results
RIA NEWS FEB 22, 2022
CI Financial adds $5 billion RIA, reports record financial results

The Canadian financial conglomerate acquired Newport Beach, California-based Corient Capital, while its earnings show its U.S. operations now represent its largest business segment.

By Jeff Benjamin
The confusion over crypto assets
ALTERNATIVES FEB 21, 2022
The confusion over crypto assets

Clients are demanding access to digital assets. But how — and when — will brokers be able to sell them?

By Bruce Kelly
Most of the largest 401(k) funds are in the red this year on tech slump
EQUITIES FEB 19, 2022
Most of the largest 401(k) funds are in the red this year on tech slump

Of the 15 largest funds held in 401(k) plans, just one has a positive return for the year as of Thursday, according to data from Brightscope.

By Bloomberg
Investing platforms cash in on crypto craze
ALTERNATIVES FEB 18, 2022
Investing platforms cash in on crypto craze

Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.

By Sean Allocca
Why RIAs should look at PE the way PE looks at RIAs
RIA NEWS FEB 17, 2022
Why RIAs should look at PE the way PE looks at RIAs

As private equity pours cash into wealth management, financial advisers should be exposing clients to private equity investments.

By Jeff Benjamin
Massachusetts charges broker-dealer for unsuitable sales of leveraged ETFs
ETFS FEB 17, 2022
Massachusetts charges broker-dealer for unsuitable sales of leveraged ETFs

Purshe Kaplan Sterling allowed its agents to conduct thousands of transactions involving the complex products as investment adviser reps for another firm.

By Mark Schoeff Jr.
Crypto, fintech firms build platform to meet money-laundering rule
ALTERNATIVES FEB 17, 2022
Crypto, fintech firms build platform to meet money-laundering rule

Coinbase Global, Gemini Trust and Robinhood Markets are among the companies working to comply with the Treasury Department's 'travel rule.'

By Bloomberg
Morningstar partners with Hueler on annuities
RETIREMENT PLANNING FEB 16, 2022
Morningstar partners with Hueler on annuities

Morningstar Retirement Manager will use Hueler's platform to help individuals include guaranteed income products in their retirement plans.

By InvestmentNews
Silence is not golden for GWG bondholders
ALTERNATIVES FEB 16, 2022
Silence is not golden for GWG bondholders

When asked whether GWG's L Bonds were in default, a company spokesperson declines to comment.

By Bruce Kelly
There’s a portrait of Jamie Dimon hanging in JPMorgan’s metaverse lounge
ALTERNATIVES FEB 16, 2022
There’s a portrait of Jamie Dimon hanging in JPMorgan’s metaverse lounge

Blockchain unit Onyx set up the lounge as it released a paper on how businesses can explore opportunities in the metaverse.

By Bloomberg
Amundi gives fund an ESG makeover
MUTUAL FUNDS FEB 16, 2022
Amundi gives fund an ESG makeover

The Pioneer Global Sustainable Equity Fund will invest at least 80% of net assets in ESG-friendly holdings.

By InvestmentNews
Morgan Stanley banker faces block-trading probe
EQUITIES FEB 16, 2022
Morgan Stanley banker faces block-trading probe

The SEC and the Justice Department are looking at how bankers, including those at Morgan Stanley and Goldman Sachs, work with hedge funds to carry out stock sales big enough to send prices tumbling.

By Bloomberg
Flat-fee annuity for RIAs adds more investment choices
RETIREMENT PLANNING FEB 15, 2022
Flat-fee annuity for RIAs adds more investment choices

DFA and Midland National are working with RetireOne on its contingent deferred annuity, which launched last October.

By InvestmentNews