FA News

Hedge Funds Are Columbia's Big Bet In $10 Billion Endowment

by

Columbia University’s $10 billion endowment has invested a third of its assets in hedge funds.

Invesco 'Pounding The Table' No More As Commodity ETFs Surge

by

The specter of inflation is making commodity ETFs an easier sell.

CFP Mark Holders Declare Bankruptcy

by FA Staff

The CFP Board releases the names of six mark holders declaring personal bankruptcy.

Diversity Scholarship Named For Late Advisor Dick Wagner

by

The scholarship will assist new and prospective professionals and advance diversity in the profession.

Fed May Lean Toward Four Rate Increases In 2018 After Wages Data

by

Faster U.S. wage gains probably nudge the Federal Reserve toward more hikes.

Cetera Integrates Insurance Portal Into Financial Planning Suite

by

A new portal in Cetera's software suite will make it easier for advisors to add insurance to financial plans.

'Hijacked' By Rates, Bull Market Loses Footing On Shaky Ground

by

Treasurys and the resurgent dollar are wreaking havoc on popular Wall Street investments.

Fearing The Fed, Credit Investors Are Buying More Junk Instead

by

Investors’ willingness to take on credit risk was evident in the market for new bonds and loans this week.

BlackRock Aims To Turn Retail Investors Into Quants

by ,

The company’s free online tool lets users analyze 2,400 equity mutual funds and ETFs through the lens of “factors.”

SEC's Clayton To Congress: Investors Have No Legal Right To Conflict-Free Advice

by

The SEC chairman said some investors have the mistaken belief that the law protects them from advisor conflicts.

Fund Fire Sale: Fees Fell By Record Amount In 2017, Morningstar Says

by

The average cost of U.S. mutual funds and ETFs decreased to 0.52 percent in 2017, the research firm said.

Gundlach's Total Return Fund Beats Rivals With Low Duration

by

“We turned maximum bearish on 10-year yields and bonds generally July 6, 2016,” he told investors.

Ex-HSBC Currency Trader Sentenced To Two Years In Prison

by ,

Prosecutors said Mark Johnson comes from a currency-trading industry with “a culture of cheating.”

Pantera's Morehead Says Bitcoin Is 'Screaming Buy,' Bets On Icon

by ,

The hedge fund CEO sees crypto growing into a $4 trillion asset class.

Helping Clients Use Their Assets To Fulfill Dreams

by

Clients need help not just with growing their assets, but also putting their assets to productive use, this advisor says.

Deutsche Bank Plans To Cut U.S. Jobs By Over 10%

by ,

It marks a retreat from years of trying to compete with Wall Street and putting a renewed focus on Europe.

Americans May Be Skipping Life Insurance Because They Don’t Understand It

by

For many people, life insurance has gone from a “must have” to a “maybe” product.

LPL Cuts RIA Fees, Announces NTF Mutual Fund Platform

by

Advisors with $25 million to $50 million on the LPL platform will see lower fees.

AARP Asks Court to Preserve DOL Fiduciary Rule

by

The AARP says it will wage a court battle to reverse the ruling that struck down the rule.

Comey To Address Advisors At Pershing Conference

by

Former FBI director James Comey will deliver the keynote at the Pershing INSITE conference in June.