Investing

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SEC approves stronger reporting requirements for private fund advisors
RIAS MAY 03, 2023
SEC approves stronger reporting requirements for private fund advisors

Hedge funds with at least $1.5 billion in assets now have to report significant investment losses and withdrawals to the SEC within 72 hours.

By Mark Schoeff Jr.
Why the ESG backlash has little effect on corporations
OPINION MAY 03, 2023
Why the ESG backlash has little effect on corporations

Politicians' manufactured controversies are having minimal impact in boardrooms.

By Carolyn Berkowitz
Advisors express caution, enthusiasm about being gatekeepers to private markets
RIAS MAY 02, 2023
Advisors express caution, enthusiasm about being gatekeepers to private markets

Legislation recently approved by a House committee would deem the clients of investment advisors to be accredited investors.

By Mark Schoeff Jr.
Hennessy Advisors picks up more assets to support new ESG ETF
ESG MAY 02, 2023
Hennessy Advisors picks up more assets to support new ESG ETF

The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.

By Emile Hallez
Yieldstreet, Equity Trust link up to increase access to alternatives
ALTERNATIVES MAY 02, 2023
Yieldstreet, Equity Trust link up to increase access to alternatives

Clients with IRAs at Equity Trust can now invest directly in alternative investments on Yieldstreet through a new platform called WealthBridge.

By Gregg Greenberg
Many shareholder resolutions this year target workers' well-being
ESG MAY 01, 2023
Many shareholder resolutions this year target workers' well-being

Investors have filed more than 140 shareholder resolutions this year, pressing companies to improve employees’ health and safety.

By Bloomberg
Gary Gensler has his game face on
ALTERNATIVES MAY 01, 2023
Gary Gensler has his game face on

With cheerleaders on the left and critics on the right, the chair of the Securities and Exchange Commission stays focused on what matters.

By Mark Schoeff Jr.
Asset managers hash out the future of the 60/40 portfolio
EQUITIES APR 27, 2023
Asset managers hash out the future of the 60/40 portfolio

For a lot of investors, moving beyond the classic allocation of 60% stocks and 40% bonds will mean a bigger allocation to alternatives and other active strategies.

By Jeff Benjamin
First Republic plunges on report of buyers for new shares
EQUITIES APR 27, 2023
First Republic plunges on report of buyers for new shares

The firm's advisors have lined up possible purchasers of new shares in the bank as part of a rescue plan.

By Bloomberg
House committee OKs bills expanding pool of sophisticated investors
ALTERNATIVES APR 26, 2023
House committee OKs bills expanding pool of sophisticated investors

The legislation would amend the definition of accredited investor to include people who have certain licenses, education or experience.

By Mark Schoeff Jr.
Advisors want to use alternatives. Here are 3 reasons they aren't
OPINION APR 26, 2023
Advisors want to use alternatives. Here are 3 reasons they aren't

The investments may fit the times, but lack of choice and transparency, and liability fears help explain why some are dissatisfied with the offerings.

By Matt Schiffman
Schwab's Liz Ann Sonders says return to normal could be a rocky ride
EQUITIES APR 26, 2023
Schwab's Liz Ann Sonders says return to normal could be a rocky ride

Speaking at the Morningstar conference this week, the popular strategist said there are still excesses that need to be wrung out of the economy.

By Jeff Benjamin
iCapital launches structured investments offering on Envestnet
TAMPS APR 25, 2023
iCapital launches structured investments offering on Envestnet

The integration provides advisors with proposal generation tools, analytical features, trading workflows and the ability to integrate data on structured investments into client reports.

By InvestmentNews
ESG funds spurned for safer bets in Q1
ESG APR 24, 2023
ESG funds spurned for safer bets in Q1

US investors pulled $5.2 billion from environmental, social and governance funds last quarter, according to a report by Morningstar.

By Bloomberg
State Street rolls out second 401(k) target-date series featuring an annuity
RETIREMENT PLANNING APR 21, 2023
State Street rolls out second 401(k) target-date series featuring an annuity

The plan feature is provided by Global Trust Co. and Annexus Retirement Solutions.

By Emile Hallez
Advisors seen as crucial as financial crisis fears mount, Nationwide says
ALTERNATIVES APR 21, 2023
Advisors seen as crucial as financial crisis fears mount, Nationwide says

According to Nationwide’s eighth annual Advisor Authority survey, four in 10 investors believe that the US is already in a financial crisis and three in 10 believe the U.S. is approaching one.

By Gregg Greenberg
Florida bans use of ESG by public investments
ESG APR 20, 2023
Florida bans use of ESG by public investments

The state’s Senate approved a bill that bans state and local governments from using environmental, social, governance criteria when selling debt or investing public money.

By Bloomberg
Financial advisors wave the caution flag in client portfolios
RIAS APR 20, 2023
Financial advisors wave the caution flag in client portfolios

Fidelity research shows a trend toward de-risking and an increased focus on diversification in the portfolios advisors build for their clients.

By Jeff Benjamin
Protesters block Vanguard office over climate policy
RETIREMENT PLANNING APR 19, 2023
Protesters block Vanguard office over climate policy

A total of 16 people, many affiliated with a Quaker group, were arrested Wednesday outside the company's Malvern, Pennsylvania, headquarters.

By Emile Hallez
Barclays to shut 21 ETNs a year after major error tied to products
ETFS APR 19, 2023
Barclays to shut 21 ETNs a year after major error tied to products

The redemption announcement comes after the UK-based lender said it had erroneously sold $15 billion more structured notes and ETNs over the course of about a year than it had registered for.

By InvestmentNews