Investing

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Fund investors pull $56 billion in biggest exit since 2008
MUTUAL FUNDS DEC 27, 2018
Fund investors pull $56 billion in biggest exit since 2008

Mutual funds suffered redemptions of $56.2 billion in the week ended Dec. 19.

U.S. stocks surge in best rally since March 2009
EQUITIES DEC 26, 2018
U.S. stocks surge in best rally since March 2009

U.S. stocks staged one of the biggest rallies of the 9 1/2 year bull market after coming within points of seeing it end, with major indexes surging at least 4.9%.

Here are three crazy market statistics on a wild day of trading
EQUITIES DEC 26, 2018
Here are three crazy market statistics on a wild day of trading

To say that U.S. stocks trading has been odd this week seems like an understatement.

Stocks hit 19-month low as D.C. turmoil weighs
EQUITIES DEC 24, 2018
Stocks hit 19-month low as D.C. turmoil weighs

U.S. stocks fell to the lowest since May 2017 as the turmoil in Washington kept investors on edge after the worst week for American equities in almost a decade.

After the crash, dreams die hard for Wall Street crypto bankers
ALTERNATIVES DEC 24, 2018
After the crash, dreams die hard for Wall Street crypto bankers

Squeamish from the start about pursuing profits in one of the darker corners of finance, established firms this year slowed their already halting efforts to make a business out of Bitcoin mania.

Muni market looks to 2019 for infrastructure bill, higher returns
FIXED INCOME DEC 21, 2018
Muni market looks to 2019 for infrastructure bill, higher returns

A continued decline in the amount of outstanding state and local government debt should help performance.

Surprise tax hit awaits investors in hedge funds
ALTERNATIVES DEC 20, 2018
Surprise tax hit awaits investors in hedge funds

As result of new cap on deductions, trader hedge funds like Point72 likely to see increase on their tax bills.

From Ferraris to psychedelics: An alternative investment guide
ALTERNATIVES DEC 20, 2018
From Ferraris to psychedelics: An alternative investment guide

If volatility has scared you away from stocks, maybe you should think about investing in batteries for electric vehicles, or crypto-tax software startups.

Cetera fined $1.4 million for award-winning broker's excessive trades
BROKER DEALERS DEC 20, 2018
Cetera fined $1.4 million for award-winning broker's excessive trades

Firm awarded broker sales awards, despite mutual-fund churning flagged to home office, according to Finra.

T shares are dead
MUTUAL FUNDS DEC 20, 2018
T shares are dead

The death of the DOL fiduciary rule condemned the mutual fund share class to extinction.

Investors pour record cash into value ETF
EQUITIES DEC 19, 2018
Investors pour record cash into value ETF

Amid the stock market sell-off, strategists have encouraged investors to pick value rather than growth

Investors flee biggest financials ETF at fastest pace since 2008
EQUITIES DEC 19, 2018
Investors flee biggest financials ETF at fastest pace since 2008

The $24 billion Financial Select Sector SPDR Fund saw $1.8 billion of outflows last week

Financial advisers put market volatility in perspective for clients
RIAS DEC 19, 2018
Financial advisers put market volatility in perspective for clients

Absence of Santa Claus rally triggers talk of bear markets and recession.

Surging upfront recruiting checks carry significant risks for independent advisers
ALTERNATIVES DEC 19, 2018
Surging upfront recruiting checks carry significant risks for independent advisers

It's crucial for advisers to kick the tires thoroughly on any potential transition, starting with questions about the firm's capabilities, products, support and financials.

SEC, Finra investigating GPB fund raising: sources
ALTERNATIVES DEC 18, 2018
SEC, Finra investigating GPB fund raising: sources

Regulators are making inquiries into GPB and the broker-dealers that sold their fund shares, according to sources.

Nothing is working for bulls as stocks sell off
EQUITIES DEC 18, 2018
Nothing is working for bulls as stocks sell off

Equity pain is now landing with more force in the U.S. than overseas, with the Russell 2000 index of small caps now in a bear market.

ETrade launches national adviser referral network
RIAS DEC 18, 2018
ETrade launches national adviser referral network

Giving advisers access to millions of retail investors expands the discount brokerage's move into the custodial space.

Fed hikes are rare when stocks are this battered
EQUITIES DEC 18, 2018
Fed hikes are rare when stocks are this battered

Investors will be watching the Fed's commentary Wednesday to see what policymakers have to say about the market volatility

Vanguard combines two strong funds creating a $25 billion large-cap growth portfolio
RIAS DEC 17, 2018
Vanguard combines two strong funds creating a $25 billion large-cap growth portfolio

The combined Vanguard U.S. Growth Fund will create a $25 billion large-cap growth portfolio

Savers finally reap rewards as online banks goose rates
MUTUAL FUNDS DEC 14, 2018
Savers finally reap rewards as online banks goose rates

A few are paying interest of more than 2% on savings accounts.