Investing

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Janus Henderson investors pull $5.2 billion as exodus persists
MUTUAL FUNDS FEB 03, 2022
Janus Henderson investors pull $5.2 billion as exodus persists

The fourth quarter marked the 17th straight quarter of net outflows for the asset manager, giving activist investor Nelson Peltz more leverage to push for changes.

By Bloomberg
AllianceBernstein makes late push into ETFs
ETFS FEB 02, 2022
AllianceBernstein makes late push into ETFs

AB plans to launch active ETFs in the U.S. later this year, and it has recruited Noel Archard from State Street to head the effort.

By Jeff Benjamin
Worst-ever outflows for SPY ETF as QQQ bleeds most since dot-com
MUTUAL FUNDS FEB 02, 2022
Worst-ever outflows for SPY ETF as QQQ bleeds most since dot-com

Monday rally met with biggest SPY exit in almost four years as investors ditched largest ETFs during January stock drama.

By Bloomberg
Private equity influence on wealth management is big and getting bigger
RIAS FEB 02, 2022
Private equity influence on wealth management is big and getting bigger

The 38 direct PE investments in wealth management last year compares to 23 in 2020 and 11 in 2019. Now PE is eyeing the wealthtech space.

By Jeff Benjamin
River Wealth Advisors sells minority stake to Merchant Investment Management
RIAS FEB 01, 2022
River Wealth Advisors sells minority stake to Merchant Investment Management

Merchant insists the noncontrolling investment is distinct from traditional private equity capital, which often comes with a short-term commitment.

By Jeff Benjamin
60/40 portfolio suffers worst loss since March 2020
EQUITIES FEB 01, 2022
60/40 portfolio suffers worst loss since March 2020

Both equities and bond prices dropped sharply in January as markets priced in a faster pace of interest-rate tightening during 2022 from the Federal Reserve.

By Bloomberg
Political activity can obscure companies' true ESG stances, reports find
ESG JAN 31, 2022
Political activity can obscure companies' true ESG stances, reports find

When a company’s political activity — or even policies for lobbying — raise red flags, investors should consider becoming more involved, PRI and OECD write.

By Emile Hallez
The rise of the crypto robo-advisors
ALTERNATIVES JAN 31, 2022
The rise of the crypto robo-advisors

Recent market volatility is making crypto robos more appealing in the traditionally passive world of digital advice.

By Sean Allocca
ESG principles must include balanced and globally aligned approaches
OPINION JAN 31, 2022
ESG principles must include balanced and globally aligned approaches

This will ensure that energy and aerospace/defense sectors continue to attract the necessary investment and financing needed to guard global economic growth and national security.

By Michael Roman
Rising crypto star faces SEC, volatile markets
ALTERNATIVES JAN 31, 2022
Rising crypto star faces SEC, volatile markets

Ophelia Snyder, 29, is already managing $2.5 billion. She is now teaming up with Cathie Wood to bring a Bitcoin ETF to the U.S. — if regulators allow it.

By Bloomberg
BlackRock navigates a divided America
ESG JAN 28, 2022
BlackRock navigates a divided America

In oil-rich Texas, BlackRock is being castigated by the GOP establishment for even talking about reducing greenhouse gases. In West Virginia, where King Coal reigns, it’s been cut out of a state treasury fund.

By Bloomberg
SEC keeps up pressure on private fund advisers
ALTERNATIVES JAN 28, 2022
SEC keeps up pressure on private fund advisers

Under Chairman Gary Gensler, the agency is taking a closer look at private equity, hedge funds.

By Mark Schoeff Jr.
Adviser's faith-based ESG niche attracts true believers
RIAS JAN 28, 2022
Adviser's faith-based ESG niche attracts true believers

Robert Netzly has maintained his focus on biblically-based financial planning, while keeping his expectations low. The market is finding him.

By Jeff Benjamin
Firm spices up Bitcoin IRA option with in-app game
RETIREMENT PLANNING JAN 28, 2022
Firm spices up Bitcoin IRA option with in-app game

Choice is adding a Price-Is-Right-style game that rewards account holders with small amounts of Bitcoin that are added to their retirement savings.

By Emile Hallez
If regulators want meaningful feedback, bring back 60-day comment periods
OPINION JAN 28, 2022
If regulators want meaningful feedback, bring back 60-day comment periods

Stakeholders must have enough time to analyze and provide a reasoned response in order to provide helpful input on proposed regulations.

By Gail Bernstein
Forgotten BlackRock ETF posts mystery $3.7 billion inflow in day
MUTUAL FUNDS JAN 28, 2022
Forgotten BlackRock ETF posts mystery $3.7 billion inflow in day

The IShares MSCI Kokusai ETF started the week managing less than $200 million, and its assets hadn’t been above $500 million since 2014.

By Bloomberg
Crypto collapse sheds new light on loyalty to digital assets
RIAS JAN 27, 2022
Crypto collapse sheds new light on loyalty to digital assets

Without saying 'I told you so,' advisers are reminding their clients that investing in crypto will be stomach churning.

By Jeff Benjamin
Crypto firms Celsius Network, Gemini face SEC scrutiny
ALTERNATIVES JAN 27, 2022
Crypto firms Celsius Network, Gemini face SEC scrutiny

The SEC enforcement review focuses on whether the companies’ offerings should be registered as securities, people say.

By Bloomberg
Finra approves Winklevoss crypto exchange Gemini
ALTERNATIVES JAN 26, 2022
Finra approves Winklevoss crypto exchange Gemini

Now that it has broker-dealer status, Gemini Galactic Markets can operate an alternative trading system that will facilitate the trading of digital asset securities.

By InvestmentNews
$2 billion in GWG junk bonds sold by advisers are under pressure
ALTERNATIVES JAN 26, 2022
$2 billion in GWG junk bonds sold by advisers are under pressure

GWG Holdings Inc., an investor in life settlements, missed $13.6 million in payments this month to investors in its L Bonds.

By Bruce Kelly