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Columbia set to join other Ivy League names in muni debt market
FIXED INCOME OCT 01, 2024
Columbia set to join other Ivy League names in muni debt market

The prestigious college will be the latest in a boom of universities jumping into the muni bond space with a $500M offering of tax-exempt and taxable securities.

Eric Adams woes shouldn't shake investors, says NYC comptroller
FIXED INCOME OCT 01, 2024
Eric Adams woes shouldn't shake investors, says NYC comptroller

City's "strong discipline and governance" will prevail over mayor's indictment and related probes, bondholders told.

LTCM vet Haghani enters the ETF fray
ETFS SEP 30, 2024
LTCM vet Haghani enters the ETF fray

The move extends the growing parade of high-profile personalities and star strategists putting their names behind the popular investment vehicle.

Altruist rolls out modern fixed-income trading tool for RIAs
RIAS SEP 30, 2024
Altruist rolls out modern fixed-income trading tool for RIAs

The platform, which features a real-time screening function, improved data transparency, and one-click trading, aims to address a longstanding portfolio pain point for advisors.

ESG bonds an additional arrow in advisor quiver, says Nuveen strategist
FIXED INCOME SEP 27, 2024
ESG bonds an additional arrow in advisor quiver, says Nuveen strategist

ESG stocks may get all the attention, but ESG and impact bonds provide another alternative for client portfolios.

Sales of alternative investments climbing in 2024
ALTERNATIVES SEP 27, 2024
Sales of alternative investments climbing in 2024

Through August, financial advisors had sold $76.6 billion of illiquid alternative investments, according to Robert A. Stanger & Co. Inc.

Private equity players bringing in experts for portfolio fixer-uppers
ALTERNATIVES SEP 25, 2024
Private equity players bringing in experts for portfolio fixer-uppers

As financial engineering loses its firepower, buyout heavyweights are going back to the basics with operational improvements and management muscle.

Asset-allocation model portfolios poised to become a $2.9T business by 2026
PRACTICE MANAGEMENT SEP 25, 2024
Asset-allocation model portfolios poised to become a $2.9T business by 2026

Anticipated rise in advisors' model use offers an opportunity for asset managers, says Cerulli.

New ETF eyes a piece of the $6.3T money-market funds industry
ETFS SEP 25, 2024
New ETF eyes a piece of the $6.3T money-market funds industry

Dallas-based lender stands apart from existing cash ETFs with a stronger-conviction portfolio in short-dated holdings.

Fintech startup Yayati adds industry cred with AssetMark alum Jerry Chafkin
ALTERNATIVES SEP 24, 2024
Fintech startup Yayati adds industry cred with AssetMark alum Jerry Chafkin

The wealth tech firm expects its latest C-suite addition to lead its charge to boost adoption of option-based strategies in clients' portfolios.

Vanguard settles lawsuit over TDF capital gains tax mess
ETFS SEP 24, 2024
Vanguard settles lawsuit over TDF capital gains tax mess

Company reaches agreement with shareholders who said they were burned by 2020 decision to lower investment minimums for institutional shares.

BNY plots course for crypto ETF custody business
ETFS SEP 24, 2024
BNY plots course for crypto ETF custody business

A decision around how it treats crypto assets on its balance sheet could unlock a lucrative fee stream for the Wall Street titan.

Crypto fortunes hew closer to stocks in Fed aftermath
EQUITIES SEP 23, 2024
Crypto fortunes hew closer to stocks in Fed aftermath

The link between digital assets and US equities flirt with a historic record following the aggressive kickoff to the US central bank's policy easing cycle.

Bible-themed ETFs weren’t faithful to investment process, SEC says
ETFS SEP 20, 2024
Bible-themed ETFs weren’t faithful to investment process, SEC says

Inspire Investing's ETFs and SMAs held companies that supported causes counter to the biblical values the products advertised, the regulator said in a settlement Thursday.

For all the attention on the Fed, don't forget Congress and fiscal policy counts too
FIXED INCOME SEP 20, 2024
For all the attention on the Fed, don't forget Congress and fiscal policy counts too

All eyes have been on Fed Chairman Powell lately but Congressional spending affects inflation as well.

Stock rally reads like dot-com "Groundhog Day," says Stifel's Bannister
EQUITIES SEP 20, 2024
Stock rally reads like dot-com "Groundhog Day," says Stifel's Bannister

The strategist's bearish warning stands at odds with a broader Wall Street consensus of continued strength in the S&P 500.

Wall Street strategists weigh in after Powell's power move
EQUITIES SEP 20, 2024
Wall Street strategists weigh in after Powell's power move

The financial world reacts to the Federal Reserve's first reduction in rates since 2020.

Fed's dovish retreat spurs fresh ETF winners
ETFS SEP 19, 2024
Fed's dovish retreat spurs fresh ETF winners

The central bank's aggressive rate cut has suddenly made bets on corporate debt, homebuilders, and local banks more compelling for investors.

Model portfolio assets hit $6.6T milestone in Q2: Broadridge
PRACTICE MANAGEMENT SEP 19, 2024
Model portfolio assets hit $6.6T milestone in Q2: Broadridge

Latest snapshot shows advisors leading the charge, with two-thirds of total model assets held in equity mutual funds and ETFs.

Macquarie RIA subsidiary faces $80M penalty to settle SEC fraud allegations
FIXED INCOME SEP 19, 2024
Macquarie RIA subsidiary faces $80M penalty to settle SEC fraud allegations

Firm attempted to minimize losses in thousands of "odd lot" positions by executing unfavorable cross trades with retail mutual funds and third-party broker-dealers, according to the regulator.