Investment returns

With the market in correction territory, retirees banking on generating income from their investments may need to rethink their short-term strategies.

Large-cap funds are generally defined as those that invest in companies with over $10 billion in market capitalization and are often considered safer than small-cap funds.

The Swiss banking giant said a planned change to its yields on clients' uninvested cash will take a $50 million bite out of its net profits.

Authors add that the asset class can still be a welcome source of diversification for investors who can stomach the risk.

Alison Nest says wealth managers can play a particularly useful role in helping investors navigate the intricacies of private equity, private credit and similar investments.

The Fed reports that net worth increased by $11.6 trillion from 2022, or 8%, to $156.2 trillion.

The wealth management giant is the latest firm seeking to give investors access to private vehicles that have generally outperformed their public counterparts in recent years.

Skyrocketing cryptocurrency prices makes it hard for long-time wealth managers to act their on skepticism and stay out of the market for these risky vehicles.

The wealth management giant sees piles of cash waiting "on the sidelines" as a way to boost assets under management and profit margin.

Amid a tough year for property investors, discerning advisors could still uncover some solid returns.