12 firms agreed to pay the fines to settle charges.
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and that could get the plaintiffs' bar quite interested in filing similar claims against 401(k) sponsors.
What should have been a strong start to 2025 for municipal bonds is now in question amid growing odds that the Federal Reserve will hold fire on interest rate cuts.
The VIX, or so called "fear index," is shifting higher with increased market volatility, causing wealth managers to ready themselves for anxious client calls.
The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial considerations in its employee retirement plan.
The mutual fund giant's chair and chief executive is retiring after a lengthy 40-year tenure at the firm.
Larger-than-expected jump in nonfarm payrolls accelerates Treasury selloff as traders slash bets for Federal Reserve rate cuts.
It’s the second straight year that Blackstone has launched a new fund in the alternative investment space and had a hit right off the bat.
With nearly all poll participants fielding questions from curious clients, the percentage of advisors investing in the asset class has doubled from 2023.
Wall Street may not be expecting an S&P 500 "three-peat" victory in 2025, but that does not mean they are not bullish.
The asset management giant took third place for overall flows last year as it tapped into a divisive debate on how to play US stocks.
Wealth managers see the market setting up nicely for another positive year for closed-end funds and BDCs.
Six US banks have exited the UN-convened Net-Zero Banking Alliance since December, ahead of President-elect Donald Trump regaining office.
The strategic alliance will see $13 billion of assets deployed by the alternatives giant into the growing universe of asset-backed lending.
The agreement puts an end to one of many Biden-era efforts to exert regulatory control over the cryptocurrency space.
Private equity is illiquid, hard to value, and expensive. Yet it could be useful within target-date funds, and the industry may be lobbying the Trump administration to get into the 401(k) market meaningfully.
With a specialist focus in the private credit space, the Chicago-based firm's latest acquisition marks the latest expansion of its alts platform for institutional investors and high-net-worth clients.
Financial advisors are still battling inflation in client accounts despite the Fed's best efforts.
After a stellar 2024, money managers see a solid case for the yellow metal as a wealth protector and market shock absorber.
UBS art advisory expert paints a positive picture of collectibles.
