Equity stock funds have increased their exposure to stocks, which could prove disastrous to investors should the market continue to decline, the Associated Press reports.
Funds can increase their exposure by investing in derivatives, leveraging, shorting or simply buying more stocks and bringing down cash holdings.
During the bear market of 2002, large-cap growth funds had only an 85% exposure to stocks, but today, that's 121%, according to
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
Turns out clients are as mistaken about tax preparers as they are about taxes.
