Investing

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BlackRock, Vanguard, and State Street sued in Republican anti-ESG action
ESG NOV 27, 2024
BlackRock, Vanguard, and State Street sued in Republican anti-ESG action

Federal complaint filed in Texas court by a consortium of 11 states argues the fund giants used their market power to pressure energy companies and ultimately hurt consumers.

By Leo Almazora
Most Americans still skeptical of crypto, says survey
ALTERNATIVES NOV 27, 2024
Most Americans still skeptical of crypto, says survey

Two-thirds have little to no confidence in digital assets' safety and reliability, but trust and use vary across demographic lines.

By Leo Almazora
Ex-JPMorgan strategist Tom Lee stages next act with new ETF
ETFS NOV 26, 2024
Ex-JPMorgan strategist Tom Lee stages next act with new ETF

The renowned uber bull is doubling down on his reputation for bold calls with a theme-based "granny shot" strategy.

By Bloomberg
Ken Leech formally charged by SEC, US Attorney's Office
MUTUAL FUNDS NOV 25, 2024
Ken Leech formally charged by SEC, US Attorney's Office

For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.

By Emile Hallez
Will 24-hour trading keep financial advisors up all night?
EQUITIES NOV 25, 2024
Will 24-hour trading keep financial advisors up all night?

Wealth managers weigh the pros and cons of the NYSE's recent decision to extend trading hours.

By Gregg Greenberg
'I’ll never recommend bitcoin,' advisor insists
ALTERNATIVES NOV 22, 2024
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

By Josh Welsh
iCapital bolsters model portfolio suite with new private market offering
ALTERNATIVES NOV 22, 2024
iCapital bolsters model portfolio suite with new private market offering

The alternative fintech firm's latest addition provides advisors exposure to fast-growing private companies.

By Leo Almazora
As Nvidia goes, so goes the market, and financial Advisors
EQUITIES NOV 22, 2024
As Nvidia goes, so goes the market, and financial Advisors

Wealth managers weigh in on the chipmaker's influence over the greater market in the wake of its earnings report.

By Gregg Greenberg
Expecting small-cap or energy boom from Trump? Don't be so sure.
RIAS NOV 22, 2024
Expecting small-cap or energy boom from Trump? Don't be so sure.

Much as observers predicted strong returns for domestic small-cap value and the energy sector ahead of Trump's first term, the same enthusiastic assumptions this time around may be too simplistic, panelists at the Charles Schwab Impact conference said.

By Emile Hallez
Hedge funds win with Texas court decision scrapping SEC Treasury Dealer rule
ALTERNATIVES NOV 21, 2024
Hedge funds win with Texas court decision scrapping SEC Treasury Dealer rule

The ruling marks the latest setback for the Securities and Exchange Commission's efforts to tighten its regulation of the alternative investment space.

By Bloomberg
Fidelity, Vanguard expand their active ETF shelves
EQUITIES NOV 21, 2024
Fidelity, Vanguard expand their active ETF shelves

Fidelity's new launches offer stock exposure across different regions, while Vanguard adds to expand its muni ETF menu.

By Leo Almazora
Roubini launches ETF to ward off Trump-era risk
ETFS NOV 20, 2024
Roubini launches ETF to ward off Trump-era risk

The famed economist is putting his name behind an active strategy designed to help hedge against fresh threats he sees to the traditional 60/40 portfolio.

By Bloomberg
'FIRE' ETFs debut to woo early retirement chasers
RETIREMENT PLANNING NOV 20, 2024
'FIRE' ETFs debut to woo early retirement chasers

The new thematic ETF suite promises to aid DIY investors' dash for financial independence, but some experts are skeptical.

By Bloomberg
Survey finds clients' crypto allocations are continuing to grow
ALTERNATIVES NOV 19, 2024
Survey finds clients' crypto allocations are continuing to grow

Latest DACFP snapshot advisor poll finds clearer signals of positive sentiment and intentions towards digital assets.

By Leo Almazora
Blackstone enters $8B deal for fast-casual giant Jersey Mike's Subs
ALTERNATIVES NOV 19, 2024
Blackstone enters $8B deal for fast-casual giant Jersey Mike's Subs

The private equity behemoth's acquisition deal for America's second-largest sandwich chain marks its latest expansion into the franchise business.

By Leo Almazora
Taking headlines out of clients' heads
PRACTICE MANAGEMENT NOV 19, 2024
Taking headlines out of clients' heads

How financial planner is taking advantage of interest rate trends without taking undue investment risk.

By Chris Davis
Listings down and election over, advisors see opportunity in VC funds
EQUITIES NOV 18, 2024
Listings down and election over, advisors see opportunity in VC funds

Now that the election is in the rearview mirror, wealth managers see a potential step-up in IPOs and M&A benefiting venture investors.

By Gregg Greenberg
ICI seeks Trump's support for investment rules revamp
MUTUAL FUNDS NOV 18, 2024
ICI seeks Trump's support for investment rules revamp

The lobbying group's regulatory wish list to the president-elect's transition team includes reforms around ETF innovation, private-market products, and slashing regulatory costs.

By Leo Almazora
BlackRock wades further into active ETFs with first mutual-fund flip
ETFS NOV 18, 2024
BlackRock wades further into active ETFs with first mutual-fund flip

The asset management titan's latest maneuver to convert an international dividend strategy puts it in league with rivals including Dimensional Fund Advisors and Fidelity.

By Bloomberg
Calm Powell reassures asset managers
FIXED INCOME NOV 18, 2024
Calm Powell reassures asset managers

Federal Reserve Chair was "neutral" in comments after November rate cut – and the election – but was clear that he won’t be pressured to leave his job by Trump.

By Emile Hallez