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State Street Global Advisors hires ETF expert as chief business officer
INDUSTRY NEWS NOV 28, 2023
State Street Global Advisors hires ETF expert as chief business officer

New hire was previously global head of ETFs at Invesco.

By Steve Randall
Citi strategists say US stock rally likely ending
INDUSTRY NEWS NOV 28, 2023
Citi strategists say US stock rally likely ending

Bullish signals for futures are fading but there could still be some gains ahead.

By Bloomberg
Sale for $22B alternative asset manager Castlelake?
INDUSTRY NEWS NOV 28, 2023
Sale for $22B alternative asset manager Castlelake?

Minneapolis-based firm reported to be considering options.

By Bloomberg
BlackRock plan would free up to $4T in climate change funding
INDUSTRY NEWS NOV 28, 2023
BlackRock plan would free up to $4T in climate change funding

As COP28 gets underway, reform of multilateral development banks is proposed.

By Bloomberg
Trio overseeing $150M at Ameriprise jumps to LPL
BROKER DEALERS NOV 27, 2023
Trio overseeing $150M at Ameriprise jumps to LPL

The team, which is rebranding as Momentum Wealth, is based in The Villages, Florida.

By InvestmentNews
Q3 advisor moves down 18.9% from year before
BROKER DEALERS NOV 27, 2023
Q3 advisor moves down 18.9% from year before

The recruiting data show advisors' preference for operating under independent models.

By Devin McGinley
Pension funds have lost market share among 100 largest asset owners with $23T AUM
RETIREMENT PLANNING NOV 27, 2023
Pension funds have lost market share among 100 largest asset owners with $23T AUM

Report reveals the owner groups that are jostling for pole position globally.

By Steve Randall
Oil market may be oversupplied, OPEC+ meeting in focus
INDUSTRY NEWS NOV 27, 2023
Oil market may be oversupplied, OPEC+ meeting in focus

Oil prices are under pressure ahead of a key production cut decision.

By Bloomberg
ESG investors concerned about 'AI blowback'
INDUSTRY NEWS NOV 27, 2023
ESG investors concerned about 'AI blowback'

Fund managers are worried about risks in the big tech sector.

By Bloomberg
Four potential pitfalls for growing EMs
INDUSTRY NEWS NOV 27, 2023
Four potential pitfalls for growing EMs

Despite current upward trajectory, there are some headwinds for emerging markets.

By Bloomberg
Investment advisory firm case hits Supreme Court this week
REGULATION AND LEGISLATION NOV 26, 2023
Investment advisory firm case hits Supreme Court this week

Ruling could upend SEC’s 'Orwellian and terrifying' powers, amicus brief argues.

By Matthew Sellers
Osaic picks up almost $500M as two teams switch to AmeriFlex
ADVISOR MOVES NOV 24, 2023
Osaic picks up almost $500M as two teams switch to AmeriFlex

A dozen advisors have been recruited to the firm across multiple states.

By Steve Randall
Most millennials value life insurance, but cost and confusion are holding them back
LIFE INSURANCE AND ANNUITIES NOV 24, 2023
Most millennials value life insurance, but cost and confusion are holding them back

The generation appears split on some key components of life insurance.

By Steve Randall
European stocks reflect weak data, recession fears
INDUSTRY NEWS NOV 24, 2023
European stocks reflect weak data, recession fears

Global stocks struggled for direction with US markets closed Thursday.

By Bloomberg
Carbon trading markets set for boost at COP28
ESG NOV 24, 2023
Carbon trading markets set for boost at COP28

At the global climate conference in Dubai, envoys from more than 190 nations are set to discuss standards for credits.

By Bloomberg
Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust
INDUSTRY NEWS NOV 24, 2023
Bitcoin bull Cathie Wood’s ARK cuts back holdings in top trust

Data shows a 700,000-share sale in Bitcoin Trust since Oct. 23.

By Bloomberg
Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters
INDUSTRY NEWS NOV 24, 2023
Barclays could axe 2,000 jobs in $1.3B cost saving, says Reuters

Global banking group will share a new strategy with investors early in 2024.

By Bloomberg
Oil dips as OPEC+ delays meeting until Nov. 30
INDUSTRY NEWS NOV 24, 2023
Oil dips as OPEC+ delays meeting until Nov. 30

The meeting will be held online and is expected to result in a production cut.

By Bloomberg
What is a fintech company? Your ultimate guide to all things fintech
NOV 23, 2023
What is a fintech company? Your ultimate guide to all things fintech

Finance and technology come together to create innovative solutions that offer convenience, efficiency, and accessibility to individuals and businesses alike.

By Earl Naparan
How many jobs are available in tech?  
NOV 23, 2023
How many jobs are available in tech?  

Technology as an industry is growing rapidly; with it comes more job opportunities. Just how many jobs are available in tech? Find out more in our article.

By Earl Naparan