The appointment to its investment management arm comes roughly a year after the firm first announced plans to launch its own exchange-traded fund platform.
Financial and tech giants reemerge as "the ultimate dip buyer," with announced share repurchases hitting an all-time high of $166 billion in July.
InvestmentNews wraps up the latest stats on residential real estate.
"Consumers' appraisal of current job availability declined for the eighth consecutive month, but stronger views of current business conditions mitigated the retreat in the Present Situation Index," said The Conference Board's Stephanie Guichard.
The deal will see the global alts giant snap up the fintech firm, which has struggled to gain traction among advisors over the years, for up to $200 million.
Cook’s lawyers vow to fight back as White House publishes president’s letter.
ETFs are playing a larger role and taking center stage.
Americans with life insurance coverage are far more likely to feel assured of their loved ones' future, though myths and misconceptions still hold many back from getting coverage.
Bank strategists cite growing optimism following Jackson Hole remarks, though earnings, sales trends, and tariff risks could make or break the small-cap rally.
Mounting regulatory pressures and proposed taxes are putting a strain on higher education institutions, forcing renewed focus on liquidity management and the secondary market for private equity.
The National Economic Council Director said "a thorough search process" is underway as Jerome Powell's term is set to expire in May next year.
Poll of 1,500 retirement plan investors finds 45% interested in private equity and private debt, with more than three-quarters saying they'd ramp up contributions as a result.
Private equity exit values and volume are up sharply, but investments in RIAs are taking a different path: “Many PE firms are now structuring proposals that allow RIAs to roll equity into their next fund,” Hue Partners' Emily Blue told InvestmentNews.
Report shows advisors also shifting time toward client relationships and embracing AI tools.
Luke Taylor, co-president of Stonepeak shares his insights with InvestmentNews.
Robinhood’s stock has skyrocketed 440% over the past year ahead of the company's upcoming referral program launch with RIA custodian TradePMR.
This summer has seen IPOs popping like its 1999 and that means wealth managers are getting requests from clients for new issues.
Fidelity research finds resilience as DIY investors balance caution with optimism.
Self-confessed ETF geek shares his take on the market with InvestmentNews.
The broad-based advance in July, boosted by car sales and major online promotions, is another factor for the Fed to ponder ahead of its annual Jackson Hole symposium.
