08/19/2024
European fund performance significantly lags behind US peers after T+1
Post T+1 analyses of passive S&P 500 funds show European returns are 14-20 basis points lower than their US equivalents
Alternative Investments
08/19/2024
Investors look to Powell's Jackson Hole speech for clues about Fed’s first cut
He made it clear during a July 31 press conference that a 25 basis point cut was possible next month but downplayed the idea of doing something bigger, such as 50 basis points.
08/19/2024
Warren Buffett Just Sold This Stock -- But I Think He's 100% Wrong
There are a few reasons I'm a fan of Capital One.
08/19/2024
TD Asset Management Inc. Announces TD ETF Distributions
TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.
08/16/2024
Global money market funds draw second weekly inflow amid US economic uncertainty
Riskier equity funds reversed a downward trend, gaining about $857 million in net inflows in the week to Aug. 14, after losing a substantial net $4.56 billion the previous week.
08/16/2024
Highwood Asset Management Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Oil and Gas industry in Canada.
08/16/2024
Stone delivers a consistent quarter with strong TPV growth and advancements in credit and banking
The company reported adjusted net income of R$ 497 million, a 54% increase over the same period last year.
08/15/2024
Conway, Opto to Bring Vintage Private Markets Funds to RIAs at Lower Minimums
The two firms will be offering clients vintage private market funds.
08/15/2024
Secondaries Are Gaining a Foothold Among Financial Advisors
Funds that include secondary investments in private assets are a good gateway for investors new to alternative assets and are growing in popularity.
08/14/2024
Waterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage Assets
This transaction is an exciting development for Waterfall
08/14/2024
Summit Financial Adds Meeder Wealth Management
Addition of Meeder’s $400 million wealth management arm validates Summit as industry-leading pathway to growth for registered investment advisors (RIAs)
08/14/2024
Hove Capital Management Expands to North America and Canada, Bringing 27 Years of Expertise in Fixed Rate Bonds and Wealth Management
The expansion into North America and Canada represents a new chapter in Hove Capital Management's storied history, allowing the firm to extend its acclaimed services to a broader audience.
08/13/2024
CI Investment Services Inc. to Assume Client Accounts of Discount Brokerage Arm of Laurentian Bank Securities
Under the agreement, the accounts of approximately 2,050 clients with $250 million in assets under administration will be transferred from Laurentian Bank Securities to CI Direct Trading
08/13/2024
NewEdge Capital Group Recruits Nearly $5.5 Billion to Its Platform in First Half of 2024
We’re proud that NewEdge has become a destination of choice for client-first, growth-minded advisors.
08/12/2024
LPL Financial Kicks Off Focus 2024, One of the Largest Gatherings of Financial Advisors in the World
Almost 9,000 attendees convene in San Diego for LPL’s flagship conference, an annual groundswell of collaboration and connection to help advisors best serve the American investor and run thriving businesses
08/12/2024
Hedge funds retrench on risk, fearful of increased volatility
The market rout has been painful for a number of hedge funds.
08/09/2024
TBC Bank Group Announces 2Q and 1H 2024 Unaudited Consolidated Financial Results
Our core Georgian business remains extremely profitable
08/09/2024
Global ETPs hit record $195.4bn in July, surpassing December 2023
Fixed income ETPs also set a new record with $60.5 billion in inflows, underscoring the broad-based demand across various fixed income exposures.
08/08/2024
Slumping US tech stocks tempt some buyers to brave rocky market
The sell-off has made tech stocks less expensive based on price-to-earnings ratios
08/08/2024
Research Management Systems (RMS): Key Considerations for Fixed Income Investment Managers
Compared to Equity, Fixed Income has a much larger investible universe, with complex instruments that vary in quality and liquidity.