Asset management

Now, with a flood of day traders entering the market, a memorable moniker could be more valuable than ever.

High unemployment, rising virus cases and the upcoming presidential election are causing clients to change their strategies, advisors say.

While Guinness Atkinson pursues the first full mutual fund-to-ETF conversion, similar moves have begun elsewhere in the fund industry.

Here’s what leaders around the world say must be done.

The scant personal details that do surface depict a clan allergic to the limelight, scornful of excess and almost comically unpretentious.

At the height of pandemic-related job losses, 18.9% of Americans with disabilities were unemployed, data show.

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

It’s the second consecutive quarter that trading set a record, as the bank’s Wall Street unit is helping prop up the consumer-lending division.

With Treasury yields now hovering around zero, and likely to stay there for years, expected gains from the traditional asset mix are in doubt.

Funds that follow a similar approach lost 5.1% over the period, according to Hedge Fund Research.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.

The firm announced plans in March to acquire $200 million of its stock and has been in the market on average once every three trading days since.

Some of the industry’s biggest players are taking a wait-and-see approach as active, non-transparent funds take their crucial first steps.

Instead of a sale, Orion’s private equity backers are reinvesting to help grow the company’s presence in the TAMP marketplace.

The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.

As more active strategies embrace the exchange-traded model, the landscape may be shifting.

The industry’s lack of Black people and other minorities may explain why the world of social investing has fallen short on pushing corporations on race.

Leveraging big data, machine learning and artificial intelligence will extend stock selection beyond its current capabilities, according to Procure Holdings President Bob Tull.

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.

Just 5% of its 16,000 employees are Black, according to the company.