Investing

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Schlichter's message to pension sponsors: Be very careful with PRTs
RETIREMENT PLANNING MAR 15, 2024
Schlichter's message to pension sponsors: Be very careful with PRTs

Many pension risk transfers in recent years have gone to Athene, and two recent suits over plans' choice of the insurer suggest more cases will follow.

By Emile Hallez
Clients asking more about gold as yellow metal moves higher
ALTERNATIVES MAR 15, 2024
Clients asking more about gold as yellow metal moves higher

Advisors say the stealthy advance in gold is starting to attract more attention from clients. And some strategists believe this is only beginning.

By Gregg Greenberg
Uh-oh! Are we facing a bitcoin bubble?
ALTERNATIVES MAR 15, 2024
Uh-oh! Are we facing a bitcoin bubble?

Cryptocurrency has eased from its recent record high.

By Bloomberg
Stocks pause as market digests latest US inflation stats
EQUITIES MAR 15, 2024
Stocks pause as market digests latest US inflation stats

CPI data suggests Fed will hold rates again next week.

By Bloomberg
Companies transferred billions in pension assets to annuities. Here come the lawsuits
RETIREMENT PLANNING MAR 14, 2024
Companies transferred billions in pension assets to annuities. Here come the lawsuits

The law firm behind one of the cases is well-known for its 401(k) and 403(b) litigation: Schlichter Bogard.

By Emile Hallez
Cetera provides bitcoin ETF clarity with policy for advisors
ALTERNATIVES MAR 14, 2024
Cetera provides bitcoin ETF clarity with policy for advisors

The broker-dealer moves to the forefront with education, training, and resources in ‘prudent embrace’ of innovative products.

By Leo Almazora
New Hampshire bars former Next Financial broker
ALTERNATIVES MAR 14, 2024
New Hampshire bars former Next Financial broker

The broker and Next Financial Group Inc. are on the hook for more than $1 million in penalties.

By Bruce Kelly
Stifel unveils deal betting on CD business
INDEPENDENT BROKER DEALERS MAR 14, 2024
Stifel unveils deal betting on CD business

Wealth giant agrees to acquire platforms to future-proof its certificates of deposit offerings.

By Leo Almazora
Lipper awards celebrate strong year for mutual fund industry
MUTUAL FUNDS MAR 14, 2024
Lipper awards celebrate strong year for mutual fund industry

116 funds were recognized with a Lipper Fund Award over the five-year period, and 108 funds won the prestigious trophy for the 10-year period.

By Gregg Greenberg
Emerging Asian bonds weaken as inflation pressures rise
FIXED INCOME MAR 14, 2024
Emerging Asian bonds weaken as inflation pressures rise

Several of the region's economies are facing higher prices again.

By Bloomberg
What's happening with commodities trading?
ALTERNATIVES MAR 14, 2024
What's happening with commodities trading?

Traders are betting against volatility amid unusual circumstances.

By Bloomberg
Stocks struggle to find direction after rally
EQUITIES MAR 13, 2024
Stocks struggle to find direction after rally

Tuesday's strong session on Wall Street has left equities without clarity.

By Bloomberg
$1.7T record high for global dividends in 2023
EQUITIES MAR 13, 2024
$1.7T record high for global dividends in 2023

Janus Henderson expects another record-breaker in 2024.

By Bloomberg
Why one junk bond bear is steering clear of the asset class
FIXED INCOME MAR 13, 2024
Why one junk bond bear is steering clear of the asset class

The notes have rallied but strategist says high-yield is not attractive.

By Bloomberg
Fintech Flourish expands fee-based annuity shelf
FINTECH MAR 13, 2024
Fintech Flourish expands fee-based annuity shelf

The advisor tech provider is streamlining the annuity process for RIAs as it adds another carrier to its platform.

By Leo Almazora
Invesco's QQQ celebrates silver anniversary on a roll
EQUITIES MAR 12, 2024
Invesco's QQQ celebrates silver anniversary on a roll

The exchange-traded fund is up 7.3 percent year-to-date and 50.7 percent over the past year, a heck of an anniversary present for investors.

By Gregg Greenberg
Grayscale plans to clone its bitcoin fund, which has lost billions
ALTERNATIVES MAR 12, 2024
Grayscale plans to clone its bitcoin fund, which has lost billions

Fees for the new ETF aren't yet listed but are expected to be lower than the fees for the existing fund.

By Bloomberg
Eaglebrook unveils new crypto SMA partnership
ALTERNATIVES MAR 12, 2024
Eaglebrook unveils new crypto SMA partnership

The crypto investment platform for RIAs is offering its SMA capabilities through a Colorado-based independent wealth firm.

By Leo Almazora
Annuity sales leaderboard changes as more sales go indie
LIFE INSURANCE AND ANNUITIES MAR 12, 2024
Annuity sales leaderboard changes as more sales go indie

Fixed annuity sales broke records, pushing Athene Annuity & Life to top-seller status.

By Emile Hallez
BofA joins top bulls in outlook for S&P 500
EQUITIES MAR 12, 2024
BofA joins top bulls in outlook for S&P 500

Strategists boost earnings expectations tying BMO, Deutsche Bank.

By Bloomberg