Investing

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Avoid playing catch-up: Getting a fast start in your firm’s ESG journey
OPINION FEB 28, 2022
Avoid playing catch-up: Getting a fast start in your firm’s ESG journey

Begin by getting alignment from senior leaders, conducting a materiality assessment, picking the right reporting framework and engaging with investors.

Selling stocks now entails too much risk: JPMorgan
EQUITIES FEB 28, 2022
Selling stocks now entails too much risk: JPMorgan

The bank's analysts note that most military conflicts end up turning into buying opportunities.

Gold emerges once again as rock of stability amid market unrest
ALTERNATIVES FEB 24, 2022
Gold emerges once again as rock of stability amid market unrest

The precious metal is up 4.3% this year, which compares to the 11% drop in the S&P 500 Index.

Financial advisers downplay geopolitical unrest while preparing for the worst
RIAS FEB 24, 2022
Financial advisers downplay geopolitical unrest while preparing for the worst

Financial markets are reacting to Russia's invasion of Ukraine, while market watchers dissect the bigger picture.

Last great ETF holdout caves as Capital Group launches funds
MUTUAL FUNDS FEB 24, 2022
Last great ETF holdout caves as Capital Group launches funds

One ETF will focus on fixed income, three will invest primarily in U.S. equities, and two will be devoted to global stocks.

CalSavers on hunt for new ESG manager
RETIREMENT PLANNING FEB 23, 2022
CalSavers on hunt for new ESG manager

The automatic IRA program is seeking to fill a spot on its investment menu that is likely being vacated by the BNY Mellon Sustainable Balanced Fund.

Gold fights off rising rates, Bitcoin to be haven in tough times
ALTERNATIVES FEB 23, 2022
Gold fights off rising rates, Bitcoin to be haven in tough times

Bullion and real U.S. interest rates have climbed this year but tightening rate cycles are not necessarily bearish for gold.

Envestnet weighs options after seeing takeover interest
ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

SEC flooded with comment letters about Bitcoin ETFs
ALTERNATIVES FEB 22, 2022
SEC flooded with comment letters about Bitcoin ETFs

Hundreds of comments have been published online in the past two weeks, after Grayscale Investments launched a media campaign encouraging the public to weigh in on a Bitcoin ETF.

CI Financial adds $5 billion RIA, reports record financial results
RIAS FEB 22, 2022
CI Financial adds $5 billion RIA, reports record financial results

The Canadian financial conglomerate acquired Newport Beach, California-based Corient Capital, while its earnings show its U.S. operations now represent its largest business segment.

Business plea to SEC: Too early for Scope 3 disclosures
ESG FEB 22, 2022
Business plea to SEC: Too early for Scope 3 disclosures

Business groups say they are worried about the potential difficulty of complying with higher standards for climate disclosure.

The confusion over crypto assets
ALTERNATIVES FEB 21, 2022
The confusion over crypto assets

Clients are demanding access to digital assets. But how — and when — will brokers be able to sell them?

Most of the largest 401(k) funds are in the red this year on tech slump
EQUITIES FEB 19, 2022
Most of the largest 401(k) funds are in the red this year on tech slump

Of the 15 largest funds held in 401(k) plans, just one has a positive return for the year as of Thursday, according to data from Brightscope.

Investing platforms cash in on crypto craze
ALTERNATIVES FEB 18, 2022
Investing platforms cash in on crypto craze

Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.

Sea level rise must be considered by investors
ESG FEB 18, 2022
Sea level rise must be considered by investors

NOAA report finds the sea level will rise a foot by 2050, which has huge implications for physical risk assessments and sustainable investing.

Why RIAs should look at PE the way PE looks at RIAs
RIAS FEB 17, 2022
Why RIAs should look at PE the way PE looks at RIAs

As private equity pours cash into wealth management, financial advisers should be exposing clients to private equity investments.

Massachusetts charges broker-dealer for unsuitable sales of leveraged ETFs
ETFS FEB 17, 2022
Massachusetts charges broker-dealer for unsuitable sales of leveraged ETFs

Purshe Kaplan Sterling allowed its agents to conduct thousands of transactions involving the complex products as investment adviser reps for another firm.

Crypto, fintech firms build platform to meet money-laundering rule
ALTERNATIVES FEB 17, 2022
Crypto, fintech firms build platform to meet money-laundering rule

Coinbase Global, Gemini Trust and Robinhood Markets are among the companies working to comply with the Treasury Department's 'travel rule.'

Silence is not golden for GWG bondholders
ALTERNATIVES FEB 16, 2022
Silence is not golden for GWG bondholders

When asked whether GWG's L Bonds were in default, a company spokesperson declines to comment.

The 'Great Resignation' is an opportunity as well as a risk
ESG FEB 16, 2022
The 'Great Resignation' is an opportunity as well as a risk

In her new role as head of ESG at American Century Investments, Sarah Bratton Hughes says she's ready to push the firm into the megatrends that will dominate the next 20 years.