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GPB Capital sells another asset, this time land in New Jersey
ALTERNATIVES APR 12, 2022
GPB Capital sells another asset, this time land in New Jersey

Net proceeds of the Newark, New Jersey, land deal will benefit investors in one private placement, GPB Cold Storage.

By Bruce Kelly
Treasury yield surge to threaten bull run’s last resistance line
FIXED INCOME APR 12, 2022
Treasury yield surge to threaten bull run’s last resistance line

Benchmark 10-year yields rose above 2.80% to the highest since December 2018 as traders bet the Federal Reserve will ramp up the pace of tightening to curb inflation.

By Bloomberg
Advisers buckle up for more market volatility
RIA NEWS APR 11, 2022
Advisers buckle up for more market volatility

Trouble in the bond markets is moving investment portfolios well beyond traditional allocations of 60% stocks and 40% bonds.

By Jeff Benjamin
10 IBDs with the most annuity revenue
INDEPENDENT BROKER DEALERS APR 11, 2022
10 IBDs with the most annuity revenue

In 2021, annuity sales hit their highest level since the financial crisis. Here are the firms that took in the most annuity revenue last year.

By InvestmentNews
Dimensional plans four do-good funds in latest ETF expansion
MUTUAL FUNDS APR 10, 2022
Dimensional plans four do-good funds in latest ETF expansion

The funds will focus on investments in stocks and bonds worldwide that are associated with low emissions of greenhouse gases.

By Bloomberg
With bonds in a ‘coma,’ buy commodities: Bridgewater’s Patterson
FIXED INCOME APR 10, 2022
With bonds in a ‘coma,’ buy commodities: Bridgewater’s Patterson

Investors should get out of bonds as rates rise and diversify their portfolios with exposure to agricultural products, oil and metals facing supply disruptions due to the war in Ukraine.

By Bloomberg
Bank ETF posts biggest cash exodus since 2020 ahead of earnings
MUTUAL FUNDS APR 09, 2022
Bank ETF posts biggest cash exodus since 2020 ahead of earnings

More than $2.5 billion has exited the $42 billion Financial Select Sector SPDR Fund last week.

By Bloomberg
Annuity sales in 2021 hit highest level since 2008
RETIREMENT PLANNING APR 08, 2022
Annuity sales in 2021 hit highest level since 2008

One of the best-performing products last year was registered index linked annuities, which are touted for use in volatile markets.

By Mark Schoeff Jr.
Capital Group, Morningstar offer personalized TDFs
RETIREMENT PLANNING APR 08, 2022
Capital Group, Morningstar offer personalized TDFs

Target Date Plus helps participants to determine a mix of target-date funds that is more suited to their particular needs.

By InvestmentNews
Finra smacks National Securities with $663,000 penalty over private placement
ALTERNATIVES APR 08, 2022
Finra smacks National Securities with $663,000 penalty over private placement

The agency said Boca Raton, Florida-based National Securities deceived investors in December 2017 and January 2018 about the price of shares in the private placement offering.

By Bruce Kelly
JPMorgan kicking off $9 billion of mutual fund-to-ETF switches
MUTUAL FUNDS APR 08, 2022
JPMorgan kicking off $9 billion of mutual fund-to-ETF switches

It’s the first of four planned conversions by the firm that will shift around $9 billion of assets into exchange-traded funds by mid-June.

By Bloomberg
SEC ruling reignites spot US bitcoin ETF approval debate
ALTERNATIVES APR 08, 2022
SEC ruling reignites spot US bitcoin ETF approval debate

The agency gave its blessing to the Teucrium Bitcoin Futures Fund application which was filed under the Securities Act of 1933.

By Bloomberg
Blackstone says alternative assets are headed for your 401(k)
RETIREMENT PLANNING APR 08, 2022
Blackstone says alternative assets are headed for your 401(k)

The creation of liquidity in certain alternative products aimed at retail investors has broadened their appeal.

By Bloomberg
Made a killing in crypto? Your tax bill is coming due
ALTERNATIVES APR 07, 2022
Made a killing in crypto? Your tax bill is coming due

Digital tokens like Bitcoin and Ethereum are classified as property by the Internal Revenue Service and taxed like stocks and bonds.

By Mark Schoeff Jr.
GWG Holdings hit with Nasdaq notice over stock listing
ALTERNATIVES APR 07, 2022
GWG Holdings hit with Nasdaq notice over stock listing

Shares of the beleaguered alternative investment manager hit a new low of $1.78 in trading Thursday morning.

By Bruce Kelly
Neuberger Berman joins Wall Street ETF rush with thematic funds
MUTUAL FUNDS APR 07, 2022
Neuberger Berman joins Wall Street ETF rush with thematic funds

The three new funds were created in response to clients who wanted access to the firm’s strategies via ETFs, says Neuberger CIO Hari Ramanan.

By Bloomberg
Fed officials weigh pruning balance sheet by $95 billion a month
FIXED INCOME APR 06, 2022
Fed officials weigh pruning balance sheet by $95 billion a month

Officials proposed shrinking the Fed’s balance sheet at a maximum monthly pace of $60 billion in Treasuries and $35 billion in mortgage-backed securities.

By Bloomberg
Private equity investors take stakes in CAIS, Mather Group
RIA NEWS APR 06, 2022
Private equity investors take stakes in CAIS, Mather Group

The steady flow of PE money into wealth management illustrates the bullish outlook for the industry's fee-based revenue streams.

By Jeff Benjamin
Finra bars ex-Cetera rep who used clients’ money for own family's investments
PRACTICE MANAGEMENT APR 06, 2022
Finra bars ex-Cetera rep who used clients’ money for own family's investments

The broker, Marianne O'Shee Smith, a 34-year veteran of the securities industry, used $45,100 she had received from three customers, all senior citizens.

By Bruce Kelly
Betting against Bitcoin may get easier with futures ETF filing
ALTERNATIVES APR 06, 2022
Betting against Bitcoin may get easier with futures ETF filing

ProShares wants to launch an exchange-traded fund that would track the inverse performance of an index of Bitcoin futures.

By Bloomberg