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Rising rates may lead to Fed yield-curve control, Gundlach says
INVESTING FIXED INCOME JUN 10, 2020
Rising rates may lead to Fed yield-curve control, Gundlach says

DoubleLine executive's comments come as the spread between 5- and 30-year Treasury yields hits its steepest level since 2016

Banks cite gains against fintechs
YOUR PRACTICE FINTECH JUN 10, 2020
Banks cite gains against fintechs

Pandemic is encouraging consumers to do business with larger companies, says Morgan Stanley's CEO

More companies may cut 401(k) matches
RETIREMENT RETIREMENT PLANNING JUN 09, 2020
More companies may cut 401(k) matches

As of late April, 12% of companies surveyed had suspended their matching contributions and another 23% said they might halt them

A third of institutional investors hold crypto assets: Fidelity
INVESTING ALTERNATIVES JUN 09, 2020
A third of institutional investors hold crypto assets: Fidelity

Among U.S. respondents, 27% say they own digital assets, up from 22% a year ago

Partnership gives family offices greater access to private markets
YOUR PRACTICE FINTECH JUN 09, 2020
Partnership gives family offices greater access to private markets

ShareNett, an investment platform for family offices, announced a partnership with digital trading platform ClearList

Morgan Stanley adds to bet on steepening yield curve
NEWS WIREHOUSES JUN 08, 2020
Morgan Stanley adds to bet on steepening yield curve

The firm's strategists say that with the U.S. economy improving, 10-year Treasury rates will become a key driver

Junk bonds benefit from Fed support
INVESTING FIXED INCOME JUN 05, 2020
Junk bonds benefit from Fed support

The Fed reported late last month that it had purchased some $1.3 billion of exchange-traded funds, including $223 million of high-yield bond ETFs

BlackRock files to license nontransparent ETF structure
INVESTING MUTUAL FUNDS JUN 04, 2020
BlackRock files to license nontransparent ETF structure

The asset manager will use Precidian Investments' ActiveShares model

Vanguard struggling to break into European ETF market
INVESTING MUTUAL FUNDS JUN 04, 2020
Vanguard struggling to break into European ETF market

Eight years after it launched its first European ETFs, the giant asset manager has less than 6% of the market, compared with BlackRock's 45%

Goldman names new wealth management head for N.Y. region
YOUR PRACTICE PRACTICE MANAGEMENT JUN 03, 2020
Goldman names new wealth management head for N.Y. region

Nicole Pullen Ross, who most recently headed the firm's Mid-Atlantic region, becomes one of its highest-profile black female executives