The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
Instead, retail investors are moving toward buying mutual funds and ETFs, which have roughly doubled their holdings of municipal securities over the last decade.
Rising inflationary pressure around the world is fueling concerns about the ability of the global economy to weather any sustained period of higher financing costs.
Some market watchers see the quarter-point hike as not enough to slow inflation or economic growth.
Asset managers said they would favor access to more consistent data, while governments appeared to be split on how, if at all, MSRB should try to improve ESG reporting.
Fidelity tops all fund companies with 35 individual fund trophies; Carillon Tower Advisers wins the small-company fixed-income award for the second straight year.
Financial markets are reacting to Russia's invasion of Ukraine, while market watchers dissect the bigger picture.
When asked whether GWG's L Bonds were in default, a company spokesperson declines to comment.
See the top 50 fixed-income ETFs ranked by quarterly returns, the top 25 fixed-income ETFs ranked by largest inflows, and the top 25 fixed-income ETFs ranked by largest outflows
Top 50 fixed-income funds ranked by quarterly returns, Top 25 fixed-income funds ranked by largest inflows, Top 25 fixed-income funds ranked by largest outflows
Top 50 equity ETFs ranked by quarterly returns, Top 25 equity ETFs ranked by largest inflows, Top 25 equity ETFs ranked by largest outflows
The new Amplify Inflation Fighter ETF joins a short list of strategies designed to hedge and leverage price pressures.
Both equities and bond prices dropped sharply in January as markets priced in a faster pace of interest-rate tightening during 2022 from the Federal Reserve.
GWG Holdings Inc., an investor in life settlements, missed $13.6 million in payments this month to investors in its L Bonds.
As the next generation of investors comes on board, advisers are repeating the age-old mantra about not panicking in response to market swings.
The $137 billion bond shop has filed to launch two ETFs, one of which is similar to a strategy it already subadvises for State Street.
Market watchers temper expectations for equity performance this year, but say risk assets still trump bonds.
Student loans have been the fastest-growing debt category in the U.S. over the past decade
With simulations showing extreme projected portfolio outcomes, some financial advisers won't even use Monte Carlo modeling for their younger clients for fear of looking silly.
