Finance

The products invest in private equity, hedge funds and real estate for the bank’s wealth management arm.

The sector has seen an inflow surge in recent months as Treasury yields continue to fall.

It’s not just clients in high-tax states buying up muni bonds.

Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms.

Home to more than $249 billion, these funds have expense ratios more than 20 basis points higher than the industry average.

Salt Financial plans to spend as much as $50,000 to woo buyers into its new low-volatility stock fund.

Still, advisors thinking of selling are urged not to procrastinate.

Fourth-quarter equity losses stanched client assets at wirehouses, indies and other brokerages — but their stocks are regaining ground after reporting earnings.

With help from automated investing platform Motif, five new funds aimed at innovative fields have launched.

Although it undercuts 2,000 existing U.S. products, some analysts say the price still isn’t low enough.