Strong investor demand for sustainable investments pushes offering at the last minute up by $50 million to $800 million.
The regulator wants to install an industry veteran to run GPB to monitor its assets in auto dealerships and make sure investor interests are protected.
Legal experts say the cases will have a monumental challenge overcoming motions to dismiss. The lawsuits allege online brokerages entered into an agreement and conspiracy to prevent the market from operating normally.
The traditional mix of 60% equities and 40% bonds has come under threat of late as losses in the stock market are sometimes met with little more than a shrug in U.S. Treasuries, rather than a rally that protects the entire portfolio.
Survey finds most institutional investors look for sustainable investing and diversity criteria when hiring equity managers.
Survey shows 98% of advisers plan to increase or maintain client allocations to alts in the year ahead; the strategies most likely to see an increase in allocation are real estate, private equity and private credit.
GPB raised $1.8 billion from investors starting in 2013 through sales of private partnerships, but it has not paid investors steady returns, called distributions, since 2018.
In setting the firm's SRI strategy, Mike Hunstad offers invetors risk control that he said competitors often ignore.
Broker-dealers sold just $362.3 million in nontraded BDCs last year, the least since 2010, which was the year after the first product was launched, according to Robert A. Stanger & Co. Inc.
The real fun is just getting started, now that everybody and their mother knows what a short squeeze is.
The Bridgewater Associates founder calls Bitcoin ‘one hell of an invention.’ But he says that he finds it challenging to put a value on digital assets and that cryptocurrencies are probably vulnerable to being hacked.
Since the GameStop stock options frenzy that quietly began early this month and exploded over the past week, some traders have followed by investing in other shorted stocks, with prices surging far past the returns seen in the indexes that include them.
Some retirement plan advisers have cut green investing options from 401(k) plans following Trump's last-minute rule change.
Fidelity's new technology is designed to help advisers create ESG model portfolios and engage clients with impact investing.
The AI Powered Equity ETF now has more than 37% of its holdings in tech, up 9 percentage points from Nov. 3, and it has halved its industrial exposure to about 3%.
Fink challenged his fellow CEOs to disclose how their companies will operate in a net-zero world and said positioning for the long term means preparing for the realities of climate change.
