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Schroders' new bond scores level ESG playing field
EMERGING MARKETS SEP 22, 2023
Schroders' new bond scores level ESG playing field

Emerging markets look more attractive once rich-world bias is corrected.

By Bloomberg
BlackRock, State Street among asset managers closing ESG funds
ESG SEP 21, 2023
BlackRock, State Street among asset managers closing ESG funds

Fund companies unwound more than two dozen ESG funds this year, according to Morningstar data.

By Bloomberg
Investors urge policymakers to aid $275T for net zero
ESG SEP 21, 2023
Investors urge policymakers to aid $275T for net zero

Influential group says barriers to investment in clean energy must be removed.

By Bloomberg
Some big investors are skeptical on direct lending craze
ALTERNATIVES SEP 21, 2023
Some big investors are skeptical on direct lending craze

Transparency and lack of liquidity is concerning some institutional investors.

By Bloomberg
SEC expands rule to ensure fund portfolios match their names
ESG SEP 20, 2023
SEC expands rule to ensure fund portfolios match their names

The final regulation targets 'greenwashing' but strips out what would have been 'a more onerous' ESG provision, a lawyer says.

By Mark Schoeff Jr.
Don't expect another bull run anytime soon, says Morgan Stanley strategist
EQUITIES SEP 20, 2023
Don't expect another bull run anytime soon, says Morgan Stanley strategist

'We really hit a wall at the end of July, and that's when the market really put in its year-to-date highs,' says Lisa Shalett.

By Gregg Greenberg
Bipartisan House members press SEC official to drop mutual fund reform proposal
MUTUAL FUNDS SEP 19, 2023
Bipartisan House members press SEC official to drop mutual fund reform proposal

Lawmakers say changes would hurt retirement investors. They also raise concerns about a proposal to curb advisor conflicts related to AI.

By Mark Schoeff Jr.
Carlyle takes stake in Captrust
RIAS SEP 19, 2023
Carlyle takes stake in Captrust

After GTCR's 2020 deal for a portion of the RIA, additional private equity money will help the firm continue its buying streak.

By Emile Hallez
Debt-financed M&A may push firms to shed assets: Tibergien
BROKER DEALERS SEP 19, 2023
Debt-financed M&A may push firms to shed assets: Tibergien

Following Cetera's announcement that it was going to buy Avantax, two ratings agencies put the debt of Cetera's parent, Aretec Group Inc., on review.

By Bruce Kelly
Sustainable investing that goes beyond divestment or engagement does most
ESG SEP 19, 2023
Sustainable investing that goes beyond divestment or engagement does most

New research shows tactics like getting the attention of larger investors and pressuring companies to do better than their competitors can have the most impact.

By Emile Hallez
Direct indexing name needs a makeover, report finds
EQUITIES SEP 19, 2023
Direct indexing name needs a makeover, report finds

Hearts & Wallets study highlights confusion around the term and the customization strategy.

By Josh Welsh
High-yield debt issuance to accelerate, says BlackRock
FIXED INCOME SEP 19, 2023
High-yield debt issuance to accelerate, says BlackRock

Global issuance for leveraged loans and high-yield bonds jumped to over $40 billion this month.

By Bloomberg
Citigroup launches digital token service
ALTERNATIVES SEP 19, 2023
Citigroup launches digital token service

The firm is widening its digital assets offering to institutional investors.

By Bloomberg
Envestnet partners with iconik for personalized proxy voting
EQUITIES SEP 18, 2023
Envestnet partners with iconik for personalized proxy voting

'Advisors in the Envestnet ecosystem will have access to set-and-forget voting technology,' says iconik's Alex Thaler.

By Josh Welsh
Morningstar to cut 12% of Sustainalytics staff
PRACTICE MANAGEMENT SEP 18, 2023
Morningstar to cut 12% of Sustainalytics staff

More than 200 people expected to lose their jobs.

By Josh Welsh
Three trends emerging in customization of $1.5T private credit funds market
ALTERNATIVES SEP 18, 2023
Three trends emerging in customization of $1.5T private credit funds market

AIMA affiliate study reveals how the global asset class is evolving.

By Steve Randall
Citi takes significant step in revolutionizing the global bond market
FIXED INCOME SEP 18, 2023
Citi takes significant step in revolutionizing the global bond market

Wall Street firm says it is investing in the future of digital financial market infrastructure.

By Steve Randall
2024 to be a tough one for equities, says Morgan Stanley
EQUITIES SEP 18, 2023
2024 to be a tough one for equities, says Morgan Stanley

Bearish strategist Michael Wilson sees challenging times ahead for riak assets.

By Bloomberg
Advisors pile into Treasuries, leaving muni bonds behind
FIXED INCOME SEP 15, 2023
Advisors pile into Treasuries, leaving muni bonds behind

With Treasury yields so elevated, it’s easy to understand why financial advisors are funneling excess client money into good old government bonds.

By Gregg Greenberg
Single stock and covered call come together in ETF line
ETFS SEP 14, 2023
Single stock and covered call come together in ETF line

Advisors reflect on effectiveness of 'volatility buffer' covered-call ETFs, with few single-stock versions available.

By Emile Hallez