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GPB execs goosed records to pump sales, partner claims
ALTERNATIVES JUL 11, 2024
GPB execs goosed records to pump sales, partner claims

"I wanted it to end," said former senior GPB executive on Thursday.

By Bruce Kelly
RIAs’ economic optimism holds steady, but concerns are brewing
LIFE INSURANCE AND ANNUITIES JUL 11, 2024
RIAs’ economic optimism holds steady, but concerns are brewing

Quarterly index research reveals heightened worries over inflation, politics, and market turbulence in the next 12 months.

By Leo Almazora
Black-box ETFs flop amid broader $136B active boom
ETFS JUL 11, 2024
Black-box ETFs flop amid broader $136B active boom

Four years after entering the markets, the active non-transparent ETF structure has failed to live up to its game-changing promise.

By Bloomberg
How to ensure alts exposure adds value to your portfolio
ALTERNATIVES JUL 11, 2024
How to ensure alts exposure adds value to your portfolio

Client demand for alternatives is increasing and the menu of options has grown, but is the booming asset class really that simple? Advisors have their say.

By Josh Welsh
Value investors cooling their heels as growth stocks stay hot
ETFS JUL 11, 2024
Value investors cooling their heels as growth stocks stay hot

Value investors bide their time as they wait for superhot growth stocks to cool.

By Gregg Greenberg
Lincoln takes $300k fine over VUL marketing arrangement
LIFE INSURANCE AND ANNUITIES JUL 10, 2024
Lincoln takes $300k fine over VUL marketing arrangement

The firm breached Finra rules when it directed some $2.9M in compensation to go to an unregistered entity, the regulator said.

By Leo Almazora
Tesla rally pushes stock to biggest-ever ARKK weighting
ETFS JUL 09, 2024
Tesla rally pushes stock to biggest-ever ARKK weighting

The electric vehicle maker has grown into a sizeable chunk of Cathie Wood's innovation ETF after an 80% rally.

By Bloomberg
Fund fee wars are getting less bloody, says Morningstar
ETFS JUL 09, 2024
Fund fee wars are getting less bloody, says Morningstar

While investors saved an estimated $3.4B last year, the industry could be at a tipping point as cost pressures and other forces mount.

By Leo Almazora
UBS faces $850k fine over years-long wire transfer supervision failure
LIFE INSURANCE AND ANNUITIES JUL 09, 2024
UBS faces $850k fine over years-long wire transfer supervision failure

The firm’s failure to flag a rogue representative’s unapproved transactions led to more than $7.2M in losses for at least 30 customers, says Finra.

By Leo Almazora
Meme stocks return to top trades among Schwab investors
EQUITIES JUL 09, 2024
Meme stocks return to top trades among Schwab investors

Tech names were among the targets for the firm's clients.

By Steve Randall
Mortgage and credit card debt a reality for over a quarter of retired investors
RETIREMENT PLANNING JUL 08, 2024
Mortgage and credit card debt a reality for over a quarter of retired investors

More retirees are discarding traditional strategies as higher expenses and obligations put them on the financial back foot.

By Leo Almazora
US ETFs have raked in $437B so far in 2024
ETFS JUL 05, 2024
US ETFs have raked in $437B so far in 2024

Report reveals a commanding lead for tech ETFs, while multi-asset ETFs grew steadily driven by option-based strategies.

By Leo Almazora
Don’t bet on Ether ETFs to catch fire with advisors, says Cerulli
ALTERNATIVES JUL 05, 2024
Don’t bet on Ether ETFs to catch fire with advisors, says Cerulli

A lost reward opportunity and lukewarm advisor demand for crypto severely blunts the case for digital asset ETFs.

By Leo Almazora
There’s still hope for Fed to start rate cuts this year, says UBS
FIXED INCOME JUL 05, 2024
There’s still hope for Fed to start rate cuts this year, says UBS

Despite recent volatility in Treasuries, CIO for Americas highlights continued evidence of an economic soft landing ahead.

By Leo Almazora
BlackRock's Preqin deal prompts lower outlook at Moody's
ALTERNATIVES JUL 03, 2024
BlackRock's Preqin deal prompts lower outlook at Moody's

The ratings company is voicing concerns over the asset management giant's increased debt and leverage ratios.

By Bloomberg
GE sued over $1.7 billion pension risk transfer
LIFE INSURANCE AND ANNUITIES JUL 03, 2024
GE sued over $1.7 billion pension risk transfer

The company is the latest targeted over annuity deals with Athene Annuity and Life Co.

By Emile Hallez
Blackstone REIT keeps up with demand to buy back shares
ALTERNATIVES JUL 03, 2024
Blackstone REIT keeps up with demand to buy back shares

May was a particularly tough month for nontraded REITs.

By Bruce Kelly
Covered call ETF demand still surging despite bull market, rising bond yields
ETFS JUL 03, 2024
Covered call ETF demand still surging despite bull market, rising bond yields

Investors are stepping up the use of covered call ETFs and derivative income strategies even as stocks repeatedly hit new highs.

By Gregg Greenberg
JPMorgan's Kolanovic set to depart after string of bad stock calls
EQUITIES JUL 03, 2024
JPMorgan's Kolanovic set to depart after string of bad stock calls

Internal memo reveals planned leadership shakeup at the banking giant as its chief market strategist is "exploring other opportunities."

By Bloomberg
One-third of healthcare workers aren’t confident about retirement
RETIREMENT PLANNING JUL 02, 2024
One-third of healthcare workers aren’t confident about retirement

Despite 91 percent being in a workplace savings plan, uncertainty over saving, debt, and other issues are making healthcare employees doubtful.

By Leo Almazora