Investing

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New ETF offers exposure to global music industry, but will advisors rock out?
MUTUAL FUNDS JUL 12, 2023
New ETF offers exposure to global music industry, but will advisors rock out?

The exchange-traded fund offers exposure to the entire music industry, including streaming services, content and distribution, live events and ticketing, and music equipment and technology.

By Ryan W. Neal
Hedge funds reconsider crypto amid US regulatory concerns
ALTERNATIVES JUL 12, 2023
Hedge funds reconsider crypto amid US regulatory concerns

However, fund managers are generally optimistic and intend to maintain or increase exposure.

By Steve Randall
Money market funds to avoid new 'swing pricing' rules
MUTUAL FUNDS JUL 12, 2023
Money market funds to avoid new 'swing pricing' rules

The SEC is due to finalize its rules Wednesday with Wall Street now expecting a victory on a key component.

By Bloomberg
Stock rally, high rates have advisors rethinking covered call strategies
EQUITIES JUL 11, 2023
Stock rally, high rates have advisors rethinking covered call strategies

Hedging equities with option income loses some luster, but still works for certain clients.

By Jeff Benjamin
Are you hiring or firing? Advisors and the end of the Great Resignation
ALTERNATIVES JUL 10, 2023
Are you hiring or firing? Advisors and the end of the Great Resignation

The June employment report showed fewer new jobs than expected, but what does that mean for staffing advisory firms' back offices?

By Gregg Greenberg
As commercial real estate tumbles, some see opportunity in offices
ALTERNATIVES JUL 10, 2023
As commercial real estate tumbles, some see opportunity in offices

Prices have plummeted as tenants have fled, and delinquency rates on mortgages are rising.

By Emile Hallez
Rising markets, rates tee up second-half margins for B-Ds
EQUITIES JUL 10, 2023
Rising markets, rates tee up second-half margins for B-Ds

Broker-dealers are gaining the double whammy of billing higher fees based on more client assets as well as generating more revenue from higher interest rates.

By Bruce Kelly
What advisors need to tell clients traveling abroad this summer
LIFE INSURANCE AND ANNUITIES JUL 06, 2023
What advisors need to tell clients traveling abroad this summer

Financial advisors nationwide are taking calls from clients asking about what they should have in place prior to international travel.

By Gregg Greenberg
SEC set to release new rules for money-market funds
MUTUAL FUNDS JUL 06, 2023
SEC set to release new rules for money-market funds

The agency plans to hold a meeting next Wednesday to finalize its changes, which could result in a clash with the $5.5 trillion industry.

By Bloomberg
Why bonds are shaping up to be the new alternative investment
FIXED INCOME JUL 06, 2023
Why bonds are shaping up to be the new alternative investment

As the recession outlook moves further down the road, advisors see the Fed keeping rates higher for longer, boosting the appeal of fixed income.

By Jeff Benjamin
BlackRock wants to slash costs of trading bitcoin
ALTERNATIVES JUL 06, 2023
BlackRock wants to slash costs of trading bitcoin

But will the SEC agree that the asset manager’s refiled application will facilitate the democratization of crypto trading?

By Bloomberg
Advisors prep clients for recession everyone anticipates but nobody can see
EQUITIES JUL 05, 2023
Advisors prep clients for recession everyone anticipates but nobody can see

Consensus estimates are that the US economy will dip into recession later this year or early next year.

By Jeff Benjamin
Finra dings Hightower with $353,000 penalty over alt sales
ALTERNATIVES JUL 05, 2023
Finra dings Hightower with $353,000 penalty over alt sales

Both GPB private placements and the LJM mutual fund were widely sold by brokerage firms prior to 2018.

By Bruce Kelly
ESG-linked bonds add clauses that let them escape financial penalties
FIXED INCOME JUL 03, 2023
ESG-linked bonds add clauses that let them escape financial penalties

A quarter of sustainability-linked bonds, which typically pay higher interest if the issuer misses ESG targets, can be redeemed before any penalty is triggered, according to a new report.

By Bloomberg
Strong first half for markets forces advisors to defend pessimistic outlooks
EQUITIES JUL 03, 2023
Strong first half for markets forces advisors to defend pessimistic outlooks

The broad markets are climbing a wall of worry, although that's been overshadowed by the triple-digit returns of tech sector highfliers.

By Jeff Benjamin
Stocks can't continue to ignore recession risk
EQUITIES JUL 03, 2023
Stocks can't continue to ignore recession risk

Despite the recent surge in equities, most market watchers expect stocks to finish the year flat or down from current levels.

By Jeff Benjamin
Fidelity leads flurry of bitcoin ETF refilings to answer SEC questions
ALTERNATIVES JUL 03, 2023
Fidelity leads flurry of bitcoin ETF refilings to answer SEC questions

All five of the refiled applications indicated that Coinbase will provide market surveillance for their funds, a fact that wasn't included in previous iterations.

By Bloomberg
SEC's rejection of BlackRock bitcoin ETF unlikely to derail eventual approval
ALTERNATIVES JUN 30, 2023
SEC's rejection of BlackRock bitcoin ETF unlikely to derail eventual approval

Rejection screams 'we're ready to approve,' says financial planner.

By Ryan W. Neal
Advisors, be careful what you wish for with interest rates
FIXED INCOME JUN 30, 2023
Advisors, be careful what you wish for with interest rates

'When an advisor or client stretches for yield, that’s when they can get hit,' one financial advisor notes.

By Bruce Kelly
Staying in-plan: More 401(k)s keep retiree assets but more products needed
RETIREMENT PLANNING JUN 30, 2023
Staying in-plan: More 401(k)s keep retiree assets but more products needed

Keeping retirees in the plan helps both participants and sponsors save on costs, but many 401(k)s are lacking income options.

By Emile Hallez