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.
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.
A $5.9 billion pension liabilities transfer Verizon made last year to Prudential and RGA is at the center of the latest lawsuit over pension-risk transfers.
UBS art advisory expert paints a positive picture of collectibles.
The wealth tech platform's latest offering gives firms and advisors an alternative-investing boost through a dedicated sleeve for private markets securities.
Wealth managers are not giving up on private equity heading into the new year, even as publicly traded stocks soar.
The world's largest asset manager claims leadership as the first investor to buy a piece of the first-of-its-kind municipal bond issuance.
Fewer are calling their strategies "ESG," but fund companies and institutional investors told US SIF they see the category growing over the next couple years.
“A new bull market is underway but it’s dangerous to think markets can’t be derailed.”
The fintech firm for private market investments is helping firms and advisors build customized 'pacing plans' to reach target allocations based on customized model portfolios.
But even after an epic year with more ETF conversions expected, one expert argues mutual funds will always have a place.
The foundation's move is the latest signal of the growing institutional embrace of cheaper portfolio risk dampening strategies.
Exuberance in stocks, optimistic Trump trades, and tax-loss harvesting activity converged to push 2024's year-to-date ETF inflows to a new all-time high.
Wealth managers look ahead to 2025 after bitcoin and other digital assets enjoyed a massive run in 2024.