Investing

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Advisors take US debt downgrade in stride: ‘More to do with politics than economic stability’
FIXED INCOME AUG 02, 2023
Advisors take US debt downgrade in stride: ‘More to do with politics than economic stability’

'Not worth panicking about' — advisors caught off guard by Fitch's timing but remain sanguine.

By Mark Schoeff Jr.
Will adding annuities to 401(k) plans alleviate the retirement crisis?
RETIREMENT PLANNING AUG 02, 2023
Will adding annuities to 401(k) plans alleviate the retirement crisis?

Client feelings of certainty and happiness are main benefits of adding annuity option to retirement plans, says advisor.

By Gregg Greenberg
A road map for selling concentrated stock positions
OPINION AUG 02, 2023
A road map for selling concentrated stock positions

If a client's position in a single stock has become untenable, here are five strategies for reducing concentration risk.

By David Bigelow
Fitch downgrades US credit rating
FIXED INCOME AUG 01, 2023
Fitch downgrades US credit rating

In cutting its rating on US sovereign debt to AA from AAA, Fitch cited 'repeated debt limit standoffs and last-minute resolutions.'

By Bloomberg
State Street cuts fees on $78bn of ETFs in its core line
ETFS AUG 01, 2023
State Street cuts fees on $78bn of ETFs in its core line

The firm reduced fees by as much as half on its low-cost Portfolio ETFs, which are for buy-and-hold investors.

By Emile Hallez
Why are advisors overlooking Peak 65 women's retirement needs?
RETIREMENT PLANNING AUG 01, 2023
Why are advisors overlooking Peak 65 women's retirement needs?

'Advisors better wake up' — study reveals 61- to 65-year-old women are more likely to buy an annuity than men of the same age.

By Gregg Greenberg
Oppenheimer predicts record for S&P 500 by year-end
EQUITIES AUG 01, 2023
Oppenheimer predicts record for S&P 500 by year-end

The asset manager's chief investment strategist has Wall Street’s most bullish forecast.

By Bloomberg
Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity
RIA NEWS JUL 31, 2023
Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors hail traditional benefits of ETFs while trend toward aggressive equity exposure shows how 'soft landing has replaced recession.'

By Jeff Benjamin
Morgan Stanley's Wilson says stock rally is similar to 2019
EQUITIES JUL 31, 2023
Morgan Stanley's Wilson says stock rally is similar to 2019

The strategist says that there should be more to come and is open to an economic upturn ahead.

By Bloomberg
Tech in favor, but investors wary of AI hype
EQUITIES JUL 31, 2023
Tech in favor, but investors wary of AI hype

Survey reveals investors plan to increase tech allocations but are unsure about how much artificial intelligence will upend business.

By Bloomberg
Inflation data fuel markets but economists remain cautious
RIA NEWS JUL 28, 2023
Inflation data fuel markets but economists remain cautious

PCE inflation data is at its lowest level in two years, but is that enough to stop the Fed from raising interest rates?

By Jeff Benjamin
Blockbuster investing: When to buy stocks related to movie brands
EQUITIES JUL 27, 2023
Blockbuster investing: When to buy stocks related to movie brands

With 'Barbie' packing theatres, investors may have already missed their chance to maximize returns from product manufacturer's shares.

By Steve Randall
Gold investors watch and wait through yellow metal's 'summer lull'
ALTERNATIVES JUL 26, 2023
Gold investors watch and wait through yellow metal's 'summer lull'

Gold has been hovering around $2,000 an ounce since the start of 2023, failing to break out in the face of repeated Fed rate hikes.

By Gregg Greenberg
iCapital launches new portfolio construction tool
ALTERNATIVES JUL 26, 2023
iCapital launches new portfolio construction tool

Architect aims to make alts a core element of portfolios rather than a satellite component.

By Ryan W. Neal
Annuities selling at record level as clients look for growth and buffers
LIFE INSURANCE AND ANNUITIES JUL 25, 2023
Annuities selling at record level as clients look for growth and buffers

Total sales are up 28% in the first half, with RILAs and fixed annuities rising, according to Limra.

By Emile Hallez
How advisors rein in overly bullish clients
EQUITIES JUL 25, 2023
How advisors rein in overly bullish clients

Brother, can you spare an AI stock? Advisors talk speculation and the bull market.

By Gregg Greenberg
US alternative asset manager to boost AUM by $4B with private markets acquisition
ALTERNATIVES JUL 25, 2023
US alternative asset manager to boost AUM by $4B with private markets acquisition

HighVista Strategies is acquiring the US private markets business of abrdn Inc.

By Steve Randall
Investors want crypto custodians and Wall Street wants a slice of that
ALTERNATIVES JUL 25, 2023
Investors want crypto custodians and Wall Street wants a slice of that

Demand for third-party custodian services for digital assets is heating up following the FTX exchange collapse.

By Bloomberg
Morgan Stanley files for next round of ETFs
WIREHOUSES JUL 24, 2023
Morgan Stanley files for next round of ETFs

The firm is launching three fixed-income exchange-traded funds bearing the Eaton Vance name, in addition to a Parametric ETF.

By Bloomberg
Ex-UBS wealth chief Tom Naratil joins Lightyear Capital
RIA NEWS JUL 24, 2023
Ex-UBS wealth chief Tom Naratil joins Lightyear Capital

Naratil, a 39-year veteran of UBS, last fall stepped down from his senior roles at the wirehouse.

By Bruce Kelly