Finance

More than 80% of the richest clients want big asset growth later in life, according to a new UBS survey.

The hybrid firm stated it now has $4.9 billion in AUM, with $1.4 billion gained this year alone.

Many firms are finding new ways to incorporate computer models and data science into their research.

Advisers have turned into the new active investment managers.

The firm has been building its passive business as investors dump active products.

There is a way to help reshape deeply ingrained destructive habits.

Active management supplemented by local knowledge cannot be easily manufactured or automated, an expert says.

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

The purchase is a part of a growing effort to provide investors with information about the eco-friendliness of their portfolios.

Fidelity already has a private fund in China, and BlackRock plans to launch one as well.

July 31: Being a good judge of character is a central ingredient, the co-founder of LM Capital says.

Data reported by the Investment Company Institute.

CEO Dan Arnold said advisers’ uncertainty about the fiduciary rule is waning.

"This is a challenging time for the firm with the DoL rule," CEO Paul Reilly said.

The rule has cost the firm tens of millions of dollars in compliance and lost revenue.

Outlook for faster growth is supporting developing-nation bonds despite the increase in U.S. and European rates over the past year.

There are a number of issues the industry must address ahead of an imminent digital-first market, an expert warns.

Investors pulled $2.1 billion from domestic mutual funds and ETFs in the week ending July 12.

Second-quarter revenue from brokerage services fell 3% year-over-year while assets under management jumped 26% to $14.8 billion.

A net 80% of investors think America is the most overvalued region, analysts say.