Buoyed by strong performance in the first half of the year averaging 9%, hedge funds’ assets under management rose by $142.5 billion, for a total of $1.43 trillion under management,
Still, assets are 26% less than the $1.93 trillion they reached in mid 2008, just before investors began running for the exits after Lehman Brothers went bankrupt in September 2008. In the fourth quarter of 2008, investors withdrew $152 billion from hedge funds.
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.
