It's critical for wealth management firms to create authentic and compelling narratives around their sustainable investing offerings.
The 10 largest public pension funds devote about 9% of their combined equity holdings to 20 high-carbon emitting companies, according to Bloomberg Intelligence.
The SEC chairman signals that the disclosures about the risks corporations face from climate change may appear in the mandatory filings public companies make to the agency.
While only about $1.2 billion is now tied to gauges that meet the European Commission requirements, inflows have more than doubled since January, according to the European Securities and Markets Authority.
Inflows to 4,929 funds worldwide fell 24% from the first quarter’s record $184 billion, according to a Morningstar report.
Assets serviced by iCapital have exploded to $80 billion across more than 780 funds to date, up from $46 billion in March 2020.
Sales of such alternative investments are so strong, they have already surpassed last year's total of close to $27 billion, and are tracking to nearly double that amount by year end.
The cryptocurrency's gains were sparked by speculation that Amazon might eventually accept Bitcoin as a method of payment.
Baseball cards, wine, even dinosaur bones can help diversify a portfolio, as demand for the items surged during the pandemic.
Some of the keys to successful card investing include buying rare, good condition cards of established players, said Bart Brewer, an adviser at Global Financial Advisory Services.
The financial technology platform, which provides financial advisers with access to alternative investments, saw its valuation top $800 million with the funding round led by WestCap.
The income calculation for Medicare and Social Security includes tax-exempt interest on municipal bonds.
Advisers should provide a global view and frame conversations around investors' values.
The Republican SEC commissioner's doubts provide ammunition to those who want to push back against mandatory disclosures.
The actively managed ETF offers the narrowest of investment themes: a leveraged play on Bitcoin with the added twist of being easy on the planet.
The latest cash influx adds to more than $42 million in prior funding rounds and seed capital. Vestwell will also be a retirement plan record keeper available through Morgan Stanley’s workplace business.
The SEC chairman made it clear that digital assets that mirror the performance of Amazon.com, Tesla and other well-known companies are probably still covered by U.S. securities laws.
Minding the "s" means recognizing the impact disgruntled employees or suppliers can have on reputations and business operations.
According to its stewardship report, the asset manager supported 35% of 843 shareholder proposals that it voted on in the recent proxy season, compared with 17% in the previous year.
Nasdaq Inc. has formed a joint venture with Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to establish a trading venue for shares of closely held companies.
