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EM investors sharpen focus amid volatile markets
NEWS INDUSTRY NEWS AUG 09, 2024
EM investors sharpen focus amid volatile markets

Two Asian markets dominate investor attention.

How a former Google engineer became China's richest person
NEWS INDUSTRY NEWS AUG 09, 2024
How a former Google engineer became China's richest person

Behind the rise of a 44-year-old e-commerce billionaire.

Architect of Osaic's million dollar rebrand jumps back to LPL
NEWS BROKER DEALERS AUG 08, 2024
Architect of Osaic's million dollar rebrand jumps back to LPL

It's not clear why Jen Roche left Osaic.

Advisors take stock after AI shares suffer cruel summer
NEWS INDUSTRY NEWS AUG 08, 2024
Advisors take stock after AI shares suffer cruel summer

AI stocks have had a rough summer after a huge run higher. Are the good times over, or is this just a speed bump?

For many US athletes, the road to the Olympics is paved with debt
NEWS INDUSTRY NEWS AUG 08, 2024
For many US athletes, the road to the Olympics is paved with debt

With no financial backing and limited incentives, aspiring Olympians are literally locked in a winner-take-all competition.

Relief rally for stocks as markets digest jobless claims data
NEWS INDUSTRY NEWS AUG 08, 2024
Relief rally for stocks as markets digest jobless claims data

Initial data point to still-solid labor market, boosting hopes that the Federal Reserve isn't behind the curve.

CV Advisors bolsters its bench with $800M UHNW family office veteran
NEWS RIAS AUG 08, 2024
CV Advisors bolsters its bench with $800M UHNW family office veteran

The $11B RIA's latest hire from Valor Advisors comes with 18 years of experience, including tenures at JPMorgan and UBS.

Hot List 2024: Entries now open
NEWS INDUSTRY NEWS AUG 08, 2024
Hot List 2024: Entries now open

InvestmentNews is searching for the leading professionals in the industry.

Global bonds gain as markets await US labor report
NEWS INDUSTRY NEWS AUG 08, 2024
Global bonds gain as markets await US labor report

Growing concerns of US recession have increased volatility.

Empower earnings at new record as personal wealth, workplace units expand
NEWS INDUSTRY NEWS AUG 08, 2024
Empower earnings at new record as personal wealth, workplace units expand

The firm has seen earnings grow 19% year-over-year across its business.

Millions of homeowners may be redirecting home equity into other investments
NEWS INDUSTRY NEWS AUG 08, 2024
Millions of homeowners may be redirecting home equity into other investments

But it could prove risky if investments perform worse than their real estate assets.

US stocks belie upbeat corporate earnings season
NEWS INDUSTRY NEWS AUG 08, 2024
US stocks belie upbeat corporate earnings season

Earnings sentiment remains high among US investors.

JPMorgan says most of global carry trade now removed
NEWS INDUSTRY NEWS AUG 08, 2024
JPMorgan says most of global carry trade now removed

Year-to-date returns have been wiped out.

Cryptos gain as market calls Ripple outcome a victory over SEC
NEWS INDUSTRY NEWS AUG 08, 2024
Cryptos gain as market calls Ripple outcome a victory over SEC

Financial penalty was well below the $2B sought.

SEI beefs up its managed accounts shelf again
NEWS INDUSTRY NEWS AUG 07, 2024
SEI beefs up its managed accounts shelf again

The asset manager has added direct index and factor investment offerings, including fixed income and dividend-focused options, to its SMAs and UMAs.

Osaic hybrid adds Fidelity's National Financial as custodian
NEWS BROKER DEALERS AUG 07, 2024
Osaic hybrid adds Fidelity's National Financial as custodian

The activity at Osaic comes as the wealth management market waits to see if an IPO is in the firm's future.

Blackstone setting sights on affluent investors with infrastructure fund
NEWS INDUSTRY NEWS AUG 07, 2024
Blackstone setting sights on affluent investors with infrastructure fund

Regulatory filing teases the private investment giant's plans to attract a higher stratum of accredited investors than its rivals.

CFP Board bars ex-advisor in New Hampshire over risky real estate investments
NEWS INDUSTRY NEWS AUG 07, 2024
CFP Board bars ex-advisor in New Hampshire over risky real estate investments

The former advisor reportedly placed his clients, including many retirees, in a leveraged product that led to $3.4M in losses.

Apollon seals deal for DeHollander Financial Group
NEWS INDUSTRY NEWS AUG 07, 2024
Apollon seals deal for DeHollander Financial Group

The fee-based advisory services provider is extending its reach into South Carolina as it acquires a veteran-led planning team.

Stocks climb worldwide as Bank of Japan issues dovish signal
NEWS INDUSTRY NEWS AUG 07, 2024
Stocks climb worldwide as Bank of Japan issues dovish signal

US stock benchmarks extend their gains as the Japanese central bank offers reassurance on future rate moves.