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ETFs come back from August volatility to take in $73B in inflows
EQUITIES SEP 10, 2024
ETFs come back from August volatility to take in $73B in inflows

A broad stumble in equity strategies was offset by steadiness in fixed income and momentum in rate-sensitive sectors such as real estate.

By Leo Almazora
JPMorgan leads banks stocks lower as Pinto tempers earnings expectations
EQUITIES SEP 10, 2024
JPMorgan leads banks stocks lower as Pinto tempers earnings expectations

The remarks at an industry conference Tuesday sent the Wall Street bank on its biggest intraday tumble in more than four years.

By Bloomberg
Investors claiming "emotional distress damages" win lawsuit involving GWG bonds
FIXED INCOME SEP 10, 2024
Investors claiming "emotional distress damages" win lawsuit involving GWG bonds

"This is one of the largest emotional distress damages awarded in Finra’s history,” says attorney.

By Bruce Kelly
September is historically a scary month for stocks. Why not "market time" it?
EQUITIES SEP 10, 2024
September is historically a scary month for stocks. Why not "market time" it?

September seasonality is once again weighing on stocks. Advisors discuss how they handle the market's trickiest month.

By Gregg Greenberg
Apollo quietly progresses toward first private-asset ETF
ALTERNATIVES SEP 10, 2024
Apollo quietly progresses toward first private-asset ETF

The alternative investment giant is dipping into the ETF space through a partnership with State Street, a filing with the SEC shows.

By Bloomberg
Kestra bolsters alts focus with deepened iCapital partnership
ALTERNATIVES SEP 10, 2024
Kestra bolsters alts focus with deepened iCapital partnership

The financial services firm's enhanced fintech collaboration integrates advanced capabilities to give advisors a more seamless experience.

By Leo Almazora
Capital Group enhances multi-asset shelf with blended target-date series
RETIREMENT PLANNING SEP 09, 2024
Capital Group enhances multi-asset shelf with blended target-date series

Combining CITs and ETFs, the firm's newest offerings include index-based passive exposures from State Street and BlackRock.

By Leo Almazora
BlackRock eases off the risk pedal across $131B model portfolios
EQUITIES SEP 09, 2024
BlackRock eases off the risk pedal across $131B model portfolios

The world's largest asset manager is taking a step back from US stocks and growth in the lead-up to the Fed's hotly anticipated September cut and a dead-heat presidential race.

By Bloomberg
Would a sovereign wealth fund work in the US?
ALTERNATIVES SEP 09, 2024
Would a sovereign wealth fund work in the US?

Trump briefly floated the idea this week, and he's far from the first to do so, but does the US really need a national fund?

By Emile Hallez
Luma forges alts alliance with Arete Wealth
ALTERNATIVES SEP 09, 2024
Luma forges alts alliance with Arete Wealth

The strategic partnership promises to help advisors at the hybrid RIA grow their business around annuities and structured products.

By Leo Almazora
Crypto’s influence on the election
ALTERNATIVES SEP 09, 2024
Crypto’s influence on the election

With the FTX meltdown no longer a fresh memory and the crypto business funneling cash into political action committees, is Gary Gensler’s SEC a liability for Democrats?

By Emile Hallez
Western Asset clients yank $4.9B after co-CIO's sudden leave
MUTUAL FUNDS SEP 06, 2024
Western Asset clients yank $4.9B after co-CIO's sudden leave

The SEC and justice department are probing whether the firm, a subsidiary of Franklin Templeton, cherry-picked trades to favor certain clients.

By Bloomberg
Advisors still positive on private equity despite recovery in publicly traded stocks
EQUITIES SEP 06, 2024
Advisors still positive on private equity despite recovery in publicly traded stocks

The comeback in publicly traded stocks and bonds is complete. So what are advisors doing with all the private equity they added since the 2022 market selloff?

By Gregg Greenberg
US yields retreat as jobs spark hopes for jumbo Fed cut
FIXED INCOME SEP 06, 2024
US yields retreat as jobs spark hopes for jumbo Fed cut

Softer-than-expected jobs report opens the door to a 50-basis-point adjustment, but the jury is still out on the cautious central bank's next move.

By Bloomberg
Robinhood hit with $3.9M penalty for misleading crypto investors in California
ALTERNATIVES SEP 06, 2024
Robinhood hit with $3.9M penalty for misleading crypto investors in California

Landmark settlement finds the retail investing platform violated consumer protection laws by falsely representing its trading and custody practices.

By Leo Almazora
Trump Media's 69 percent stock drop erases billions before lockup lapses
EQUITIES SEP 05, 2024
Trump Media's 69 percent stock drop erases billions before lockup lapses

The downward spiral in Donald Trump's media empire slashes his paper gains by more than $3.7B, just days before he gets the all-clear to cash out.

By Bloomberg
SEC's battle for hedge fund fee transparency dies in Supreme Court
ALTERNATIVES SEP 04, 2024
SEC's battle for hedge fund fee transparency dies in Supreme Court

The federal securities regulator earns praise from industry groups as its legal battle for private fund disclosure requirements comes to an end.

By Bloomberg
Blockbuster summer fuels $609B haul for ETFs
ALTERNATIVES SEP 03, 2024
Blockbuster summer fuels $609B haul for ETFs

US-listed ETFs raked in $75B, five times over the same period in 2023, amid an investor frenzy that cut across styles and asset classes.

By Bloomberg
Former RIA to pay $225k over crypto custody failures
ALTERNATIVES SEP 03, 2024
Former RIA to pay $225k over crypto custody failures

Around half of the assets held by a private fund advised by the Florida-based firm were lost in 2022 amid the collapse of FTX, according to the SEC.

By Leo Almazora
S&P 500 slides most since August meltdown
EQUITIES SEP 03, 2024
S&P 500 slides most since August meltdown

Stocks take a hit as Nvidia disappointment continues and investors watch for upcoming clues on the Fed's next move.

By Bloomberg