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Invesco's QQQ celebrates silver anniversary on a roll
EQUITIES MAR 12, 2024
Invesco's QQQ celebrates silver anniversary on a roll

The exchange-traded fund is up 7.3 percent year-to-date and 50.7 percent over the past year, a heck of an anniversary present for investors.

By Gregg Greenberg
Grayscale plans to clone its bitcoin fund, which has lost billions
ALTERNATIVES MAR 12, 2024
Grayscale plans to clone its bitcoin fund, which has lost billions

Fees for the new ETF aren't yet listed but are expected to be lower than the fees for the existing fund.

By Bloomberg
Eaglebrook unveils new crypto SMA partnership
ALTERNATIVES MAR 12, 2024
Eaglebrook unveils new crypto SMA partnership

The crypto investment platform for RIAs is offering its SMA capabilities through a Colorado-based independent wealth firm.

By Leo Almazora
Annuity sales leaderboard changes as more sales go indie
LIFE INSURANCE AND ANNUITIES MAR 12, 2024
Annuity sales leaderboard changes as more sales go indie

Fixed annuity sales broke records, pushing Athene Annuity & Life to top-seller status.

By Emile Hallez
BofA joins top bulls in outlook for S&P 500
EQUITIES MAR 12, 2024
BofA joins top bulls in outlook for S&P 500

Strategists boost earnings expectations tying BMO, Deutsche Bank.

By Bloomberg
Limra partnership takes aim at life insurance, retirement plan fraud
RETIREMENT PLANNING MAR 11, 2024
Limra partnership takes aim at life insurance, retirement plan fraud

The collaboration aims to empower insurers, retirement service providers and other stakeholders against financial crime.

By Leo Almazora
Advisors can help fill life insurance gender gap, Limra says
LIFE INSURANCE AND ANNUITIES MAR 11, 2024
Advisors can help fill life insurance gender gap, Limra says

Women have less insurance coverage and more concerns than men, but financial professionals can step in to bust myths about insurance.

By Leo Almazora
With gold soaring, should advisors seek a cheaper alternative in copper?
ALTERNATIVES MAR 11, 2024
With gold soaring, should advisors seek a cheaper alternative in copper?

Even if China's economy slows, copper prices could still bounce back given demand related to clean energy and electric vehicles.

By Gregg Greenberg
RayJay snaps up ex-Citi muni execs to bolster growth efforts
INDEPENDENT BROKER DEALERS MAR 11, 2024
RayJay snaps up ex-Citi muni execs to bolster growth efforts

The brokerage giant is strengthening its public finance division’s presence in key markets including Seattle and Los Angeles.

By Leo Almazora
Bitcoin sets new record at $71,000
ALTERNATIVES MAR 11, 2024
Bitcoin sets new record at $71,000

ETFs continue to drive demand for the cryptocurrency.

By Bloomberg
Bond investors want more EU debt amid Russia tensions
FIXED INCOME MAR 11, 2024
Bond investors want more EU debt amid Russia tensions

Higher defense spending is on the agenda to boost AAA-rated bonds.

By Bloomberg
Billions flood into bitcoin ETFs amid price surge – just not Grayscale's
ALTERNATIVES MAR 08, 2024
Billions flood into bitcoin ETFs amid price surge – just not Grayscale's

Even as the stock market and gold are at high points, spot bitcoin ETFs have been raking it in, with one of them becoming the fastest ever to reach $10 billion.

By Emile Hallez
NewEdge Securities fined over bond pricing shortfalls
INDEPENDENT BROKER DEALERS MAR 08, 2024
NewEdge Securities fined over bond pricing shortfalls

The brokerage firm violated Finra rules by failing to ensure fair pricing in corporate and muni bond transactions.

By Leo Almazora
BofA data shows record weekly outflows for tech stocks
EQUITIES MAR 08, 2024
BofA data shows record weekly outflows for tech stocks

Investors pulled $4.4 billion from the sector through March 6.

By Bloomberg
Orion forges alternatives partnership with CAIS
ALTERNATIVES MAR 08, 2024
Orion forges alternatives partnership with CAIS

The integration will give Orion’s advisor users more access to alts products, services and resources.

By Leo Almazora
Indiana adopts NAIC best-interest model for annuity sales
LIFE INSURANCE AND ANNUITIES MAR 07, 2024
Indiana adopts NAIC best-interest model for annuity sales

Industry groups hail state’s new rule as a win for annuity consumer protection.

By Leo Almazora
Busting three myths in the $19T private market: Hamilton Lane
ALTERNATIVES MAR 07, 2024
Busting three myths in the $19T private market: Hamilton Lane

New report provides data-backed analysis of private market investments.

By Steve Randall
Goldman predicts $1T in S&P 500 share buybacks
EQUITIES MAR 07, 2024
Goldman predicts $1T in S&P 500 share buybacks

Companies will move close to the milestone this year before surpassing it in 2025.

By Bloomberg
US bitcoin ETFs face demand test as volatility spikes
ALTERNATIVES MAR 07, 2024
US bitcoin ETFs face demand test as volatility spikes

The cryptocurrency is swinging sharply, but will investors hold on?

By Bloomberg
Where do investors think the private market wins are in 2024?
ALTERNATIVES MAR 06, 2024
Where do investors think the private market wins are in 2024?

Adams Street Partners report highlights growing optimism in market.

By Steve Randall