Industry News

Displaying 34208 results
CFA Institute's new framework aims to improve clarity for index investment products
NEWS INDUSTRY NEWS AUG 02, 2024
CFA Institute's new framework aims to improve clarity for index investment products

It hopes to bring greater transparency and more effective communication.

Wall Street unimpressed by big tech's AI gamble
NEWS INDUSTRY NEWS AUG 02, 2024
Wall Street unimpressed by big tech's AI gamble

Billions are being invested but when will there be ROI?

Jump for Treasuries as traders await payroll data
NEWS INDUSTRY NEWS AUG 02, 2024
Jump for Treasuries as traders await payroll data

Stats could strengthen the case for a September Fed cut.

BNP in talks to create asset management titan
NEWS INDUSTRY NEWS AUG 02, 2024
BNP in talks to create asset management titan

It's the latest proposed big tie up in the investment industry.

Intel could be headed for worst share slump in 24 years
NEWS INDUSTRY NEWS AUG 02, 2024
Intel could be headed for worst share slump in 24 years

Chipmaker's results suggest it may struggle in AI race.

As college costs surge, three-quarters of parents have started saving for their kids
NEWS INDUSTRY NEWS AUG 01, 2024
As college costs surge, three-quarters of parents have started saving for their kids

Fidelity research reveals the psychic toll of inflation and student debt, and how heart-to-heart conversations could kickstart the 529 habit.

Social media platform founder charged by SEC in alleged $170M fraud
NEWS INDUSTRY NEWS AUG 01, 2024
Social media platform founder charged by SEC in alleged $170M fraud

Investors should be 'vigilant in this space' warns SEC regional director.

Captrust chief says $1T AUM milestone is a 'surreal achievement'
NEWS INDUSTRY NEWS AUG 01, 2024
Captrust chief says $1T AUM milestone is a 'surreal achievement'

The firm expects to benefit from further consolidation.

Securities class actions are another thing being accelerated by AI
NEWS INDUSTRY NEWS AUG 01, 2024
Securities class actions are another thing being accelerated by AI

Report finds fewer filings related to cryptos, more related to AI.

Fed rate cut trajectory is a hot topic on earnings calls
NEWS INDUSTRY NEWS AUG 01, 2024
Fed rate cut trajectory is a hot topic on earnings calls

Corporate America is trying to figure out the path after September.

Oil traders weigh price hikes amid rising tensions
NEWS INDUSTRY NEWS AUG 01, 2024
Oil traders weigh price hikes amid rising tensions

Call options contracts have seen a spike in trading.

Homeowner wealth posts uptick in second quarter
NEWS INDUSTRY NEWS AUG 01, 2024
Homeowner wealth posts uptick in second quarter

Home equity boost sees underwater US mortgages at 5-year low.

Bill Ackman backtracks on Pershing Square US fund
NEWS INDUSTRY NEWS JUL 31, 2024
Bill Ackman backtracks on Pershing Square US fund

After multiple setbacks and delays, the hedge fund titan has cancelled the much-anticipated IPO for his closed-end fund.

Mistress of Texas Ponzi schemer and ex-advisor gets life in prison
NEWS INDUSTRY NEWS JUL 31, 2024
Mistress of Texas Ponzi schemer and ex-advisor gets life in prison

“She probably ruined a lot of lives," said one attorney. "I’m not crying for her.”

Fed keeps focus on risks as it holds rates steady
NEWS INDUSTRY NEWS JUL 31, 2024
Fed keeps focus on risks as it holds rates steady

Unanimous decision to leave benchmark rates at 5.25% comes as policymakers acknowledged "further progress" on inflation.

Bluespring snaps up $1.35B retirement planning powerhouse
NEWS INDUSTRY NEWS JUL 31, 2024
Bluespring snaps up $1.35B retirement planning powerhouse

The wealth aggregator is extending its presence in Pennsylvania as it welcomes its 27th partner firm.

Sequoia expands in Connecticut with $420M UHNW manager
NEWS INDUSTRY NEWS JUL 31, 2024
Sequoia expands in Connecticut with $420M UHNW manager

The nearly $20B RIA is extending its acquisition streak as it integrates a new team into its family office.

Focus eyes next phase with C-suite addition  
NEWS RIAS JUL 31, 2024
Focus eyes next phase with C-suite addition  

The colossal RIA network has promoted a key leader of its consolidation strategy into a more expansive role.

Markets may be too optimistic amid multiple risks, says Natixis IM
NEWS INDUSTRY NEWS JUL 31, 2024
Markets may be too optimistic amid multiple risks, says Natixis IM

Strategists cite the US election among the key risks for investors.

Why clients really want to talk to their advisor about the weather
NEWS RETIREMENT PLANNING JUL 31, 2024
Why clients really want to talk to their advisor about the weather

Americans fear that natural disasters could devastate retirement savings.