FA News

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How The U.S. Mopped Up A Third Of Global Capital Flows Since Covid

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A run-up in U.S. interest rates to the highest levels in decades has been a major draw for overseas investors.

Paris Loses Crown As Europe's Biggest Stock Market To London

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The announcement of a snap election has caused French firms to lose about $258 billion in value.

Trailing 97% Of Bond Funds, Western's Flagship Is Losing Cash

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A wager on a slowing economy has turned the Core Plus fund into one of the market's worst performers.

Fisher Investments Sells 20% Stake To Advent International, Abu Dhabi For $2.75B

by FA Staff

Ken Fisher said the sale was part of his estate planning strategy.

Summers Says Trump Tax Ideas Mean 'Mother Of All Stagflations'

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Relying on tariffs for revenue would lead to a “downward spiral” in the economy, the former Treasury secretary said.

Former CEO Of $2.3B Baldwin Brothers Launches High-EndRIA

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Harmony Wealth, headed by John Mannix, will focus on clients with more than $25 million, sources say.

Yes, Everyone Really Is Sick A Lot More Often After Covid

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At least 13 communicable diseases are surging past their pre-pandemic levels in many regions.

Foreign Investors Have Been Propping Up U.S. Bond Market This Year

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Overseas investors may still be getting encouragement from an improving macroeconomic outlook for the U.S.

Wells Fargo Penalized $495K For Allegedly Using Advisor's Name

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The bank used the advisor's name on its website long after he left the company, Finra said.

Firms Still Trying To Figure Out DOL Rule's Fiduciary Exceptions, Attorney Says

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The rule provides advisors, brokers and agents three routes for avoiding fiduciary mandates, attorney Fred Reish said.

Institutional Managers Upping Ante On Alternative Investments, Study Says

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More than half of surveyed institutional managers are planning to increase alt allocations, the study found.

U.S. Pensions Compete With Gulf Funds For First Shot At PE Deals

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US pension funds are rapidly losing ground to deep-pocketed Middle Eastern sovereign wealth funds.

Mass. Broker Barred By SEC For Allegedly Abetting Boss's Scheme

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The advisor had already been barred by Finra for allegedly helping her supervisor hide the scheme from LPL.

Medicare Updates Star Ratings That Inform Insurers' Payments

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The updated ratings will determine bonus payments for Medicare Advantage plans for 2025.

Nuveen Taps William Huffman As CEO

by FA Staff

He replaces Jose Minaya who had led the division for four years.

Money-Market Funds Hit All-Time High Of $6.12 Trillion

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Retail investors have piled into money funds since the Fed began its tightening campaign in 2022.

Traders Shun Risk As French Turmoil Rattles Globe

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Equities dropped around the world, with French stocks this week losing roughly $200 billion in market capitalization.

Advisors Reveal The 'Secret Sauce' To Servicing The Ultra-Wealthy

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Advisors need branding, new services and a secret sauce to deliver them, said experts at INSITE 2024.

Fed's Favored Inflation Gauge Set To Rise By Least In Six Months

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Producer prices declined in key categories that feed into the central bank's preferred metric.

AllianceBernstein Converts Two Mutual Funds To ETFs

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The converted funds will be active; they include a short-duration income fund and a high-yield product.

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