Investing

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For-profits ahead of nonprofits on ESG
ESG MAR 23, 2022
For-profits ahead of nonprofits on ESG

Survey finds for-profit companies place more importance on sustainability and diversity programs than nonprofits.

This is now the worst drawdown on record for global fixed income
RETIREMENT PLANNING MAR 23, 2022
This is now the worst drawdown on record for global fixed income

Rising inflationary pressure around the world is fueling concerns about the ability of the global economy to weather any sustained period of higher financing costs.

J.P. Morgan adds retirement spending tool to target-date funds
RETIREMENT PLANNING MAR 22, 2022
J.P. Morgan adds retirement spending tool to target-date funds

The tool will help participants in the firm's SmartRetirement funds withdraw a portion of the money they have invested each year after they retire.

Advisers, experts welcome more climate-risk transparency for companies
ESG MAR 22, 2022
Advisers, experts welcome more climate-risk transparency for companies

The disclosures mandated in the SEC's proposed regulations would help connect severe climate activity to business costs rather than simply labeling them force majeure, a fund company executive said.

SEC moves to mandate Scope 3 emissions reporting
PRACTICE MANAGEMENT MAR 22, 2022
SEC moves to mandate Scope 3 emissions reporting

Securities issuers would also have to report Scope 1 and 2 emissions, or those that are directly from their operations and the energy they use, on their registration statements and periodic reports.

SEC proposes mandatory climate-risk disclosures for public companies
ESG MAR 21, 2022
SEC proposes mandatory climate-risk disclosures for public companies

The vote to release the proposal shows a deep divide at the agency, and Republican Commissioner Hester Peirce warns the SEC is exceeding its authority.

How we explain the crypto roller coaster to our clients
OPINION MAR 21, 2022
How we explain the crypto roller coaster to our clients

We need to understand new technologies and combat the fear of missing out on the hottest investment category, which has been cryptocurrencies.

Geneos tagged with $400,000 penalty over alternatives sales
ALTERNATIVES MAR 21, 2022
Geneos tagged with $400,000 penalty over alternatives sales

The fine and restitution to customers stem from sales of two alternative investments, the LJM Preservation & Growth Fund and private placements issued by GPB Capital Holdings.

Record proxy season stars are climate and human rights
ESG MAR 21, 2022
Record proxy season stars are climate and human rights

The number of proposals is more than 20% higher this year than last, Proxy Preview found.

Financial advisers starting to view economic outlook as a glass half empty
RIAS MAR 18, 2022
Financial advisers starting to view economic outlook as a glass half empty

The results from the most recent InvestmentNews survey shows sentiment is turning south.

Robinhood settles with Vermont for $640,000 over outages
ALTERNATIVES MAR 18, 2022
Robinhood settles with Vermont for $640,000 over outages

The Vermont Department of Financial Regulation said at least 40 customers in the state complained.

Robo adds fossil fuel-free 401(k) for small businesses
RETIREMENT PLANNING MAR 18, 2022
Robo adds fossil fuel-free 401(k) for small businesses

Carbon Collective caters to employers that think 'slightly less bad is just not good enough.'

Senate Banking Chair warns about private equity ownership of insurance companies
RETIREMENT PLANNING MAR 17, 2022
Senate Banking Chair warns about private equity ownership of insurance companies

Sen. Sherrod Brown says PE has a track record of 'undermining pension and retirement programs.' The American Investment Council praises PE stewardship of insurance firms.

Should private equity be in 401(k) plans?
OPINION MAR 17, 2022
Should private equity be in 401(k) plans?

The DOL has clarified its earlier advice on this topic, stressing the responsibility of fiduciaries whose plans offer private equity investments.

Want to buy a Banksy? This fintech has an answer
ALTERNATIVES MAR 16, 2022
Want to buy a Banksy? This fintech has an answer

The digital alternative investment provider Yieldstreet launched a new art equity fund with exposure to contemporary international artists like Banksy and Takashi Murakami.

First rate hike since 2018 has advisers adjusting client portfolios
RIAS MAR 16, 2022
First rate hike since 2018 has advisers adjusting client portfolios

Some market watchers see the quarter-point hike as not enough to slow inflation or economic growth.

Suit against Vanguard focuses on big tax bills for target-date funds
RETIREMENT PLANNING MAR 15, 2022
Suit against Vanguard focuses on big tax bills for target-date funds

Vanguard was forced to sell as much as 15% of the assets in retail target-date funds, resulting in substantial capital gains taxes for investors who held the funds in taxable accounts, the lawsuit asserts.

IOSCO targets greenwashers
ESG MAR 15, 2022
IOSCO targets greenwashers

The creation of draft proposals for International Sustainability Standards Board is expected imminently.

MSRB ponders ESG disclosure for muni bonds
ESG MAR 15, 2022
MSRB ponders ESG disclosure for muni bonds

Asset managers said they would favor access to more consistent data, while governments appeared to be split on how, if at all, MSRB should try to improve ESG reporting.

Largest China tech ETF in U.S. wipes out nine years of gains
MUTUAL FUNDS MAR 15, 2022
Largest China tech ETF in U.S. wipes out nine years of gains

KraneShares CSI China Internet Fund slumped more than 11% Monday, bringing its decline over the past three days to 28%.