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Whiskey insurance is far from old-fashioned — demand is skyrocketing
INVESTING ALTERNATIVES DEC 13, 2018
Whiskey insurance is far from old-fashioned — demand is skyrocketing

The rise in prices and attendant need for insurance give a view into the changing landscape of alternative investments.

Pimco sees recession signal 'flashing orange' as cycle ages
INVESTING EMERGING MARKETS DEC 13, 2018
Pimco sees recession signal 'flashing orange' as cycle ages

Chief investment officer Ivascyn warns of another 'rocky' year in 2019; still sees opportunities in emerging markets.

Jefferies CEO won't tolerate discrimination against female bankers by male colleagues
YOUR PRACTICE WOMEN ADVISOR COMMUNITY DEC 13, 2018
Jefferies CEO won't tolerate discrimination against female bankers by male colleagues

Referencing Bloomberg News story, Rich Handler says 'there's no excuse' for excluding women from social situations for fear of #MeToo movement.

UBS gets ultra-high-net-worth and family office clients to invest in Times Square tower
NEWS INDUSTRY NEWS DEC 13, 2018
UBS gets ultra-high-net-worth and family office clients to invest in Times Square tower

Construction on the 46-story tower known as TSX Broadway is set to begin in January.

Private-equity firms want SEC to loosen rules on business development companies
INVESTING ALTERNATIVES DEC 12, 2018
Private-equity firms want SEC to loosen rules on business development companies

The industry is lobbying to include a measure forcing the SEC's hand in Congress' end-of-year spending bill.

OneFPA frees up chapters
NEWS INDUSTRY NEWS DEC 12, 2018
OneFPA frees up chapters

The Financial Planning Association's move to relieve its chapters of many operational responsibilities will allow them to focus on delivering an exceptional experience for members.

Money manager finds path to Bay Area elite through bike riding
NEWS INDUSTRY NEWS DEC 11, 2018
Money manager finds path to Bay Area elite through bike riding

London-based Partners Capital co-founder creates strategy to build network by managing money for rich individuals.

Investors are biased against women, minorities, Morgan Stanley report finds
NEWS INDUSTRY NEWS DEC 11, 2018
Investors are biased against women, minorities, Morgan Stanley report finds

As a result, major profits are being left on the table.

UBS names new head of US wealth unit, seeks to capture more American billionaires
NEWS WIREHOUSES DEC 10, 2018
UBS names new head of US wealth unit, seeks to capture more American billionaires

Jason Chandler will take over from Brian Hull on January 1, overseeing about 7,000 advisers.

Fidelity dominates money-market industry as assets grow to $629 billion
INVESTING MUTUAL FUNDS DEC 10, 2018
Fidelity dominates money-market industry as assets grow to $629 billion

The Boston-based fund company has added more than $50 billion this year, mostly from inflows.