RIA News

Displaying 37545 results
Sale for $22B alternative asset manager Castlelake?
RIA 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
RIA 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
Q3 advisor moves down 18.9% from year before
INDEPENDENT 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
RIA 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'
RIA 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
RIA NEWS NOV 27, 2023
Four potential pitfalls for growing EMs

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

By Bloomberg
Osaic picks up almost $500M as two teams switch to AmeriFlex
RIA NEWS 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
RIA 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
RIA NEWS 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
RIA 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
RIA 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
RIA 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
National RIAs to merge to create $11.2B firm with plans to hire in 2024
RIA NEWS NOV 22, 2023
National RIAs to merge to create $11.2B firm with plans to hire in 2024

For one of the partners, it’s the second merger in as many months.

By Steve Randall
Steward Partners attracts 'peachy' $275M partner for its first Georgia offices
RIA NEWS NOV 22, 2023
Steward Partners attracts 'peachy' $275M partner for its first Georgia offices

Expansion comes via two advisors who join from Wells Fargo.

By Steve Randall
Binance to pay $4.3B in settlement as firm, CEO plead guilty
RIA NEWS NOV 22, 2023
Binance to pay $4.3B in settlement as firm, CEO plead guilty

Crypto exchange chief will also pay $50M as part of the agreement.

By Bloomberg
Sam Altman to return as CEO at OpenAI
RIA NEWS NOV 22, 2023
Sam Altman to return as CEO at OpenAI

The move comes just days after investors were blindsided by his removal.

By Bloomberg
Stocks mixed ahead of key economic data
RIA NEWS NOV 22, 2023
Stocks mixed ahead of key economic data

Last day of trading before US markets pause for the holidays.

By Bloomberg
Japan's value stocks to extend overperformance in 2024, says UBS
RIA NEWS NOV 22, 2023
Japan's value stocks to extend overperformance in 2024, says UBS

The relatively cheap stocks set to gain from rebounding economy.

By Bloomberg