09/19/2023
Why the US dollar may be stronger for longer
If the US economy has surprised investors with its resilience, the dollar has also confounded early-2023’s expectations that it would weaken.
Comment, Analysis & Research
09/19/2023
US housing starts tumble in August; building permits jump
The housing market has been the sector hardest hit by the Federal Reserve's aggressive monetary policy tightening.
09/14/2023
Global fund managers no longer 'extreme' bearish, BoA says
Risk asset bulls on the other hand were exposed to higher-for-longer interest rates in the U.S. and a hard landing.
09/13/2023
Warren Buffett's $123 billion fortune makes him richer than Larry Page - and he's closing in on Bill Gates and Larry Ellison
Buffett's fortune grew to $123 billion on the day, while Page's net worth shrunk to $122 billion.
09/13/2023
Private Banks in Canada – Are They Worth it In September 2023?
In a nation as diverse and economically robust as Canada, private banking has naturally found its niche, growing in significance and demand over the years.
09/13/2023
‘A lot, lot worse than an index fund’: Gundlach fires back at Bill Gross’s barbs
The billionaire bond manager said it was ‘sad’ that Gross publicly criticized him at the Future Proof conference.
09/13/2023
Some Wealth Managers See Growth in Branching Out to Retirement Consulting
One of the commonly missed opportunities for growing a retirement or wealth advisory business is executive financial consulting, according to an M&A expert from Marshberry.
09/12/2023
US shoppers are still at the wheel of the world economy
At the end of the US summer, macroeconomic indicators and corporate narratives point to the spending trend continuing.
09/12/2023
US still looks on course for softish landing
The S&P 500 fell 1.3% last week amid renewed concerns that a hot US economy could lead to further tightening from the Federal Reserve.
09/11/2023
Why Wealth Managers Must Focus On Retail Investors (And How)
Despite the attractiveness of this cohort, the market needs of retail investors are unfamiliar territory to traditional firms.
09/08/2023
Asia’s ultra-rich population records largest drop in the world. Here’s how North America and Europe did
Asia’s ultra-high net worth population decline marked the largest regional fall in the world, a recent report by Altrata showed.
09/04/2023
BlackRock is wrestling with succession planning. Here's the latest news on the biggest money manager.
BlackRock is the largest asset management firm, overseeing $9.4 trillion as of June.
09/04/2023
Private market insured losses from Hurricane Idalia to be $3-5 billion - Moody's RMS
The estimates represented insured losses associated with wind, storm surge, and precipitation-induced flooding caused due to the hurricane.
09/04/2023
Electric vehicle makers to face intense competition, report warns
Companies including Tesla and BYD have to boost investments in China, Europe and North America, IDC says
09/01/2023
Anti-ESG asset manager Strive launches ‘Faang 2.0’ ETF
New passive fund will track fuel, aerospace, agriculture, nuclear and gold sectors, rather than the US tech giants which spawned the original acronym.
09/01/2023
Continuous learning gives U.S. Bank a technology talent edge
Many companies today are rapidly adopting new technologies and tools to improve overall efficiencies, improve customer and client experiences
09/01/2023
Policy rate uncertainty set to persist
August was a tough month for investors with both US stocks and bonds in negative territory.
08/29/2023
Survey reveals age divide in use of AI for finances
Many who remain skeptical may be using the technology already
08/29/2023
How are Canadian wealth clients changing their preferences?
New report exposes East-West divide in switching plans, a shift away from asset consolidation, and appetite for virtual – not digital – engagement
08/29/2023
Can the US consumer fight the Fed?
US growth since the second quarter appears unique in a slowing global environment.