FA News

JPMorgan, Carlyle Jump Onto iCapital Bandwagon

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The fintech company helps wealthy investors tap hedge funds, private equity and real estate.

Investors Getting High Returns From America's Only Cannabis REIT

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This industrial REIT is the only one on the NYSE in the cannabis business.

SEC’s Own Investor Committee Says Reg BI Needs Fiduciary Principles

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The Investor Advisory Committee wants explicit fiduciary standards for brokers.

SALT Cap Comes Back To Haunt As Key GOP Tax Writers Lose Bids

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Republicans may regret capping the state and local tax deductions after losing several seats in midterm elections.

Alternative Managers Gravitating Toward Interval Fund Structure

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More alternative products are being launched as interval funds, balancing liquidity with stability.

Wall Street Faces Subpoenas, More Deregulation From Divided D.C.

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If Maxine Waters chairs the House Financial Services Committee, expect more congressional oversight.

Giuliani's Spending On Cigars Knocked In Court By Estranged Wife

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Rudy Giuliani's spending on luxuries comes in to question during divorce proceedings.

Bruised Tech Stocks Soar As Markets Rally After Election

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Tech stocks are on the rebound as election uncertainties are dispelled.

RIAs, Retail Clients Fuel 14.9% Rise In Professionally Managed Assets

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The retail channel is growing faster than the institutional side, partly due to retirement accounts, a Cerulli report said.

Women Win Record Seats In House Races Amid Anger Over Trump

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Women also made significant strides in governorships in the recent midterm elections.

U.S. Mortgage Applications Hit Lowest Since 2014 As Rates Rise

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Mortgage applications sink as borrowing costs edge higher.

OPEC Said To Consider 2019 Oil Output Cuts In Yet Another U-Turn

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OPEC is considering cutting production once again as oil prices have declined in recent weeks.

Wall Street's Two Midterm Market Calls Are Off To A Strong Start

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The results of the midterm elections - and their impact on the markets - have gone as expected thus far.

Yellen Leads Chorus Of Concern Over Risks Facing Global Economy

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In particular, the ballooning deficit and related lending risks trouble the prominent economist.

Trump Ignores House Loss To Hail Senate Gains As His `Big Win'

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The president chose to accentuate the Republican Party's positives on Wednesday morning.

Pelosi Poised To Retake Speaker’s Gavel Absent Clear Challenger

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Rep. Nancy Pelosi will likely become Speaker of the House of Representatives next year.

Here Is A Serious Income Alternative To High-Yield

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Litman Gregory says its new Masters fund will have returns similar to high-yield bonds, but with lower risk.

Retirement Options Seen Expanding Regardless Of Midterm Results

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The retirement industry is hopeful that RESA will be approved during the lame duck session of Congress.

New York City Pensions Paid Wall Street $1 Billion Last Year

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State and local retirement funds have piled into riskier asset classes over the past decade.

Shiller Frets 'Fear And Chaos' Midterm Vote Risk For U.S. Stocks

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“If Trump loses, if his supporters lose, that could launch a period of chaos,” he said.