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Green funds have run out of ‘investible’ assets, Impax CEO says
ESG MAR 27, 2023
Green funds have run out of ‘investible’ assets, Impax CEO says

Without more green investments, the likelihood of avoiding the worst impacts of climate change becomes increasingly remote, according to the IPCC.

American Funds gets the trophy at Lipper Awards
EQUITIES MAR 24, 2023
American Funds gets the trophy at Lipper Awards

In the economic aftermath of the pandemic, some strategies performed better than others.

How stocks of wealth management firms are holding up this year
EQUITIES MAR 24, 2023
How stocks of wealth management firms are holding up this year

Focus Financial is going private. There’s a banking crisis. What has the impact been on these companies?

Assessing risks, opportunities in transition to a more sustainable economy
OPINION MAR 23, 2023
Assessing risks, opportunities in transition to a more sustainable economy

Analysis of ESG factors is a tool that helps investment managers do a better job of evaluating the opportunities and risks arising from global sustainability challenges.

Strive Asset Management to bring anti-ESG to PEP 401(k)
RETIREMENT PLANNING MAR 22, 2023
Strive Asset Management to bring anti-ESG to PEP 401(k)

The firm, which is on a crusade against the use of ESG factors in investing, announced that it's launching a pooled employer plan.

Investors face big tax bills for these mutual funds
MUTUAL FUNDS MAR 22, 2023
Investors face big tax bills for these mutual funds

Even though the S&P 500 fell 19% last year, fund managers’ sales of securities to adjust their positions can result in capital gains.

How financial advisors can capitalize on the metaverse
OPINION MAR 21, 2023
How financial advisors can capitalize on the metaverse

Here are a few steps to consider before embarking on large-scale investments in the virtual landscape.

Covered call ETFs uncovered
ETFS MAR 21, 2023
Covered call ETFs uncovered

The age-old strategy, neatly wrapped in the low-cost convenience of an exchange-traded fund, has gained fresh momentum in the volatile market environment.

Fintech CapIntel adds ESG data as it pushes US expansion
FINTECH MAR 21, 2023
Fintech CapIntel adds ESG data as it pushes US expansion

The Toronto-based firm's new offering uses ESG data from MSCI to provide ratings, scores and various metrics for funds, portfolios and individual stocks.

Biden vetoes bill blocking Labor Department ESG rule
RETIREMENT PLANNING MAR 20, 2023
Biden vetoes bill blocking Labor Department ESG rule

The measure would have rescinded the DOL rule allowing retirement plans to consider environmental, social and governance issues in their investment decisions.

Answering the ancient question: Does gold fight inflation or not?
ALTERNATIVES MAR 20, 2023
Answering the ancient question: Does gold fight inflation or not?

With inflation at a 40-year high, here’s how advisors view gold as a hedge compared to TIPS, crypto and other shiny metals.

Bitcoin enjoys 32% rally in wake of banking crisis
RIAS MAR 17, 2023
Bitcoin enjoys 32% rally in wake of banking crisis

As crypto takes center stage, the Digital Asset Council of Financial Professionals announces it's rolling out an expanded version of its certification for blockchain and digital assets.

ESG opponent Strive gets warm welcome from some state pensions
RETIREMENT PLANNING MAR 16, 2023
ESG opponent Strive gets warm welcome from some state pensions

Co-founder Vivek Ramaswamy, who recently stepped down to campaign for president, has said he wants to take politics out of investing.

Amid market turmoil, LPL shares get boosted to buy by CFRA
BROKER DEALERS MAR 15, 2023
Amid market turmoil, LPL shares get boosted to buy by CFRA

The firm will continue to benefit from interest rates than are higher right now than any time since before the credit crisis, according to CFRA analyst Michael Elliott.

Opponents of DOL ESG rule violate fiduciary duty to retirement savers
ESG MAR 15, 2023
Opponents of DOL ESG rule violate fiduciary duty to retirement savers

In an effort to prove they're anti-woke, Republicans are ignoring risk factors that could affect returns, not to mention market signals.

S&P, Fitch downgrade First Republic Bank to junk
FIXED INCOME MAR 15, 2023
S&P, Fitch downgrade First Republic Bank to junk

Both credit assessors said further downgrades are possible as the bank faces deposit outflows that could affect its liquidity profile and ramps up wholesale borrowing.

IAA advocates for advisors as portals to private investments for clients
ALTERNATIVES MAR 14, 2023
IAA advocates for advisors as portals to private investments for clients

The trade association is trying to insert language into capital formation legislation that would deem investors accredited if they work with a fiduciary advisor.

570 funds and ETFs had exposure to SVB, including ESG products
EQUITIES MAR 14, 2023
570 funds and ETFs had exposure to SVB, including ESG products

While allocations to the bank's stock were very low among almost all funds, they were slightly higher among sustainable products, according to Morningstar.

Cetera's credit outlook gets boost from Moody's
BROKER DEALERS MAR 14, 2023
Cetera's credit outlook gets boost from Moody's

The rating agency cites the positive impact of the firm's deal to acquire the wealth management business of Securian Financial Group.

Banks on the bubble after SVB failure
EQUITIES MAR 14, 2023
Banks on the bubble after SVB failure

Here are 8 bank stocks that have been whipsawed recently in the wake of the collapse of Silicon Valley Bank.