12/23/2024
Hedge Funds Cut Nuclear Technology Exposure After 'Hard' Rally
Money managers remain positive about sector’s long-term future as demand for clean energy picks up.
Alternative Investments
12/21/2024
State Street Announces Three Additional Bank Partnerships to Support Minority Depository Institutions and Community Development Financial Institutions
Latest placements mark the completion of the firm’s $100 million initiative that launched earlier in 2024
12/20/2024
Setting up a business in the United States
The US has a uniquely large and affluent domestic market that makes it attractive to businesses worldwide.
12/20/2024
CAPTRUST Welcomes Campbell Wealth Management & TruNorth Wealth Partners
Campbell is unapologetically a growth-minded organization, just like CAPTRUST.
12/19/2024
Captrust Adds $1.97B in Double Deal
Captrust has acquired Virginia-based Campbell Wealth Management and St. Paul, Minn.-based TruNorth Wealth Partners.
12/19/2024
Summit Financial Finishes 2024 Strong with Minority Stake in Gordon Asset Management, Representing Over $1.3 Billion in Combined Advisory and Retirement Plan Assets
Summit amplifies presence in the Southeast, bolstering expertise in qualified retirement plans
12/18/2024
Payroll provider remote enables companies to pay contractors with stablecoins
Contractor management is one of the fastest-growing capabilities of the Remote platform as businesses shift toward tapping global talent pools and adopting more flexible workforce models.
12/18/2024
Corient to Acquire H.M. Payson, Maine’s Largest Registered Investment Advisor
Portland-based firm with $7.9 billion in assets and 170-year legacy to join Corient, expanding its presence in the U.S. Northeast
12/18/2024
MA Asset Management announces the launch of interval fund MA Specialty Credit Income Fund (SCISX)
The Fund aims to deliver attractive risk-adjusted returns through various market cycles while providing daily pricing, monthly income distributions and quarterly repurchases.
12/18/2024
Merit Acquires Pacific Northwest Firm Overseeing $773M In Assets
The Oregon firm will expand its retirement and group insurance offerings using new technology from Merit.
12/17/2024
Why Wall Street says bank stocks are a top play for 2025
The catalysts are clear: a strong economy, expectations of deregulation under President-elect Donald Trump, attractive valuations, and lower interest rates.
12/17/2024
Wells Fargo stock backed by Evercore, bets on asset cap lift and capital return growth
The adjustment follows a recent investor meeting with Wells Fargo's Head of Investor Relations, John Campbell, which took place last week.
12/17/2024
Billionaire Warren Buffett Bets $120,000,000,000 on Two Assets After Dumping Bank of America, JPMorgan Chase, Wells Fargo
Berkshire initiated its investment in Apple back in 2016 and has adjusted its holdings multiple times, including significant reductions this year.
12/17/2024
Why private debt is set to soar in Asia’s $63 trillion credit market
While the asset class has grown more slowly in Asia than in the U.S., UK and Europe
12/17/2024
Constellation Wealth Capital Closes Inaugural Fund with More Than $1 Billion in Capital Commitments
Fund exceeded fundraising targets and will continue to focus on making structured minority investments in well-positioned wealth management firms throughout the United States
12/16/2024
Morgan Stanley Infrastructure Partners Sells Höegh Evi Stake
Höegh Evi is one of the leading owner-operators of Floating Storage and Regasification Units
12/13/2024
Schwab Asset Management Named A Best Place to Work in Money Management for Ninth Year in a Row
The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics.
12/13/2024
State Street Global Advisors Launches Saudi Bond UCITS ETF Offering Investors Exposure to KSA’s Growing Bond Market
Growth of the Saudi bond market has accelerated over recent years, driven in part by the Kingdom’s Vision 2030.
12/13/2024
Key takeaways from the Private Client Transatlantic Wealth & Estate Planning conference
The conference covered wealth and estate planning for US citizens or those who have financial interests in US assets.
12/13/2024
US equity funds gain sixth weekly inflow on Fed rate cut expectations
They acquired a net $6.36 billion worth of U.S equity funds during the week, after a net $8.82 billion worth of additions in the previous week per LSEG Lipper data.