Finance

“There’s less performance chasing than you saw in the past, and that’s a positive thing,” an expert says.

The fund gained 22% last month, beating more than 1,970 rivals.

The planned launch from Cornerstone Capital would be the firm’s first stock fund for individual investors with social and environmental goals.

Before picking a tech vendor for your firm, you might want to have a chat with Carson Group President Teri Shepherd, who speaks with the benefit of hard-earned experience.

Not a great idea, says Alan Foxman, but if you’re determined, there may be a way.

Challenges abound even without the issues posed by inconsistent global definitions.

Macro products that trade everything from euros to oil have struggled amid soaring stock valuations and ultra-low interest rates.

After a recent policy switch, many clients at the wirehouse can no longer use balances from their deposit accounts to purchase shares in these funds.

Double-digit gains produced by the mutual funds and ETFs with the most AUM were not enough to best the broader market.

Risky assets outside the U.S. are seeing fresh flows as a potential trade deal with China buoys expectations for global growth.

Self-directed brokerage accounts at the firm hold about 20% of their portfolios in cash.

The firm hasn’t made any decisions about advisor retention bonuses, but some top shareholders will earn tens of millions of dollars once the deal closes.

SEC Commissioner Robert Jackson Jr. said his office studied 15 years of data to assess how the firms utilized their power on hundreds of proposals.

“The market is actually using proxies for understanding ESG data,” says BlackRock’s global head of sustainable investing.

“If done correctly, dividend-yielding stocks are the gifts that keep on giving,” an expert says.

Banks are hoping strategies like technology-enabled portfolio trading will help them grab a bigger slice of the shrinking fixed-income pie.

Those that shorted the market suffered “steep losses,” while market-neutral products posted “modest gains.”

Financed by their personal savings, the team behind the machine-learning fund have harnessed their engineering acumen to invest in developed markets.

The Reverence Capital Partners-backed network would expand into nine subsidiary brands with 11,500 advisors under the deal, taking the selling firm private.

A stroll down the corridors at professional gatherings is always a good idea. Here are ways to have the most fruitful conversations.