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Investors remain positive on stocks even while cutting spending, survey shows
EQUITIES NOV 21, 2022
Investors remain positive on stocks even while cutting spending, survey shows

A survey by Janus Henderson shows 60% of investors expect the S&P 500 Index to be higher in a year, although 86% are worried about rising prices.

By Gregg Greenberg
How and where alternative investments are captivating wealth management
ALTERNATIVES NOV 21, 2022
How and where alternative investments are captivating wealth management

In a rare moment of symmetry, the suppliers of alternative strategies are seeing increasing demand from financial advisers.

By InvestmentNews
Morgan Stanley's richest clients being offered Tiger Global venture fund
ALTERNATIVES NOV 17, 2022
Morgan Stanley's richest clients being offered Tiger Global venture fund

The investment firm has tapped Morgan Stanley's wealth management arm as it seeks to raise $6 billion for its next venture fund.

By Bloomberg
Schorsch SPAC fails to get off the ground
ALTERNATIVES NOV 17, 2022
Schorsch SPAC fails to get off the ground

G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.

By Bruce Kelly
Bad old habits die hard for nontraded REITs like Lightstone Group
ALTERNATIVES NOV 16, 2022
Bad old habits die hard for nontraded REITs like Lightstone Group

The Lightstone REITs are asking shareholders to strip away their own rights without any clear plan to liquidity or upside, critics say.

By Bruce Kelly
Lawmakers, Finra increase scrutiny of cryptocurrency
ALTERNATIVES NOV 16, 2022
Lawmakers, Finra increase scrutiny of cryptocurrency

The regulator has launched an exam sweep of brokerages' communications with customers about digital assets, while the House Financial Services Committee plans to hold a hearing on the FTX bankruptcy.

By Mark Schoeff Jr.
Morgan Stanley rep goes RIA with $5 billion book of business
ALTERNATIVES NOV 16, 2022
Morgan Stanley rep goes RIA with $5 billion book of business

Jim Martin left $4 billion worth of client assets behind when he formed Nordwand Capital, but he says it was all part of the plan.

By Jeff Benjamin
Activist investor challenges Envestnet's poor stock performance
EQUITIES NOV 15, 2022
Activist investor challenges Envestnet's poor stock performance

Hedge fund Impactive Capital is threatening a proxy fight in an effort to secure a seat on Envestnet's board.

By Jeff Benjamin
Crypto space braces for double-edged sword of regulatory oversight in FTX's wake
ALTERNATIVES NOV 15, 2022
Crypto space braces for double-edged sword of regulatory oversight in FTX's wake

While some claim more regulatory clarity could have helped prevent an event like the FTX collapse, others argue new rules take time and might not be what investors are hoping for.

By Jeff Benjamin
Demand for alternative investments points to major portfolio reallocations
EQUITIES NOV 15, 2022
Demand for alternative investments points to major portfolio reallocations

Changing regulations are combining with technology to potentially push $10 trillion into alt strategies by 2030.

By Jeff Benjamin
GWG chiefs bolt in middle of bankruptcy
ALTERNATIVES NOV 14, 2022
GWG chiefs bolt in middle of bankruptcy

Over the past 12 months, the company's shares have fallen from a high of $10.55 to Monday's price of $1.03.

By Bruce Kelly
FTX collapse fails to derail investments into crypto funds
ALTERNATIVES NOV 14, 2022
FTX collapse fails to derail investments into crypto funds

Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.

By Jeff Benjamin
Midterms’ consequences for ESG
ETFS NOV 14, 2022
Midterms’ consequences for ESG

Regulators will press on with their climate agendas, as will anti-ESG politicians.

By Emile Hallez
Retiree health care costs to rise despite Medicare premium decline
RETIREMENT PLANNING NOV 11, 2022
Retiree health care costs to rise despite Medicare premium decline

The one-year drop in premiums does not offset the overall inflation in health care costs.

By Mary Beth Franklin
Fintech Bytes: Crypto collapses, Envestnet eyes custody business, SEI adds UMAs
ALTERNATIVES NOV 11, 2022
Fintech Bytes: Crypto collapses, Envestnet eyes custody business, SEI adds UMAs

A roundup of the week's top fintech news, including crypto's collapse, Envestnet's custodian plans and SEI adding UMAs.

By Ryan W. Neal
SEC bars adviser already sentenced to 6 years in prison
ALTERNATIVES NOV 11, 2022
SEC bars adviser already sentenced to 6 years in prison

Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.

By Bruce Kelly
FTX files for bankruptcy; Bankman-Fried resigns as CEO
ALTERNATIVES NOV 11, 2022
FTX files for bankruptcy; Bankman-Fried resigns as CEO

Entities tied to FTX.com, FTX US and trading firm Alameda Research were part of the Chapter 11 bankruptcy filing in Delaware.

By Bloomberg
FTX implosion raises new alarms about crypto exposure
ALTERNATIVES NOV 10, 2022
FTX implosion raises new alarms about crypto exposure

While crypto skeptics feel vindicated, a proponent calls the collapse of the world's second-largest digital platform 'very bad news in the short term.'

By Jeff Benjamin
iShares files for ‘breakthrough’ environmental ETF
MUTUAL FUNDS NOV 10, 2022
iShares files for ‘breakthrough’ environmental ETF

The fund would follow the Morningstar Global Emerging Green Technologies Select Index.

By ESG Clarity
How to identify the best annuity income options
OPINION NOV 10, 2022
How to identify the best annuity income options

There's increasing interest in employing annuities in retirement plans, but plan sponsors need to review the products carefully.

By Amber Kendrick