Capital markets

With competition heating up, the IBD is offering advisors better technology and higher pay.

U.S. and European ETFs were stung by redemptions in January even as developed markets added trillions in value.

SPIKES, a product from MIAX Options, is being pitched as a lower-cost alternative.

Trade tension and a record-long government shutdown have left many in the “more defensive parts of the market,” one TD Ameritrade strategist says.

The hybrid digital firm has now raised over $255 million and aims to further expansion plans and add more advisor hires, according to CEO Jay Shah.

At Pimco, the fixed-income giant he co-founded, Bill Gross racked up one of the longest winning streaks of any money manager.

Under the deal, private equity-backed Wealth Enhancement Group would make its 10th acquisition in the past five years.

Volatility “makes investors a little bit more negative and cautious,” says DWS Chief Financial Officer Claire Peel.

The calculus has changed due to plunging coin prices and regulatory tightening, which raises the risk of forced refunds.

Despite its death, Barclays is transitioning assets and trading volume to a nearly identical version of the fund.

The platform will offer a range of crypto products for large investors, according to people with knowledge of the matter.

The SPDR fund recorded its biggest outflow in 18 months as oil fell below $52 a barrel.

The latest funding round puts Acorns, led by CEO Noah Kerner, at a reported valuation of $860 million.

The emerging markets credit fund will pursue long-term investments in conditions that the manager says may already equate to a bear market.

A new research company from the rock frontman and TPG Investments will gauge the effectiveness of sustainable investments.

The appointment comes after an earlier announcement of broad leadership changes at the firm.

The pessimism is especially unusual given that the group’s asset flows haven’t moved opposite the market in more than a decade.

In a surprise move, Liz Nesvold sells investment bank Silver Lane Advisors to Raymond James Financial.

Current billing systems present a number of compliance oversight issues for larger financial institutions, says co-founder Alan Moore.

The division’s chief investment officer and head of multi-asset solutions will take over in the interim as co-heads.