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.
Alternative Investments
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.
08/07/2024
TD Direct Investing launches fractional trading for Canadian investors
Make the most of your money with partial shares from TD Direct Investing
08/06/2024
Vistra completes acquisition of Phoenix American Financial Services
Simon Webster, CEO of Vistra Group, stated: “Vistra’s vision is to make operating globally borderless and frictionless.
08/06/2024
Robinhood's second quarter to benefit from meme stock revival, crypto trading
The company's popularity is immortalized in the retail trading saga of 2021,
08/06/2024
Carlyle sells Cogentrix Energy to Quantum Capital in $3bn deal
This is an opportunistic purchase, and we plan to support the growth of the business.
08/06/2024
Vistra completes acquisition of the Fund Administration and Transfer Agent business of Phoenix American Financial Services, Inc.
In particular, the move will enhance Vistra’s fund administration services to include an industry leading transfer agent solution and further deepen its private market capabilities.
08/06/2024
PE still dominates institutional investor mandates in H1
The California Public Employees’ Retirement System, which reported $8.6 billion in second-quarter mandates, accounted for much of June’s activity.
08/06/2024
K1 Announces Strategic Growth Investment in AI-Powered Board Management Software Platform, Board Intelligence
Partnership with K1 to drive the next phase of growth for Board Intelligence, enhancing its leading board collaboration platform for clients worldwide
08/05/2024
How US markets are feeling impact of plunging global markets
U.S. stocks opened lower after global markets plunged overnight over worry about the health of the U.S. economy.
08/02/2024
Apollo Reports Second Quarter 2024 Results
The business produced record levels of quarterly debt origination, gross capital deployment, and third-party fundraising excluding flagship private equity.
08/01/2024
CI Global Asset Management Announces Enhancements to Smart Switch DCA™, Its Dollar Cost Averaging Program
Dollar cost averaging involves investing a fixed amount at regular intervals
08/01/2024
AIG Reports Exceptional Second Quarter 2024 Results
The repositioning of our underwriting portfolio has enabled us to deliver high-quality growth
07/30/2024
Ackman's Pershing Square fund sets $2 billion target for US IPO
Banks including Citigroup Global Markets, UBS Securities, BofA Securities and Jefferies have been granted an option to purchase an additional 6 million shares at the IPO price.
07/30/2024
Daffy Launches Custom Portfolios
They've expanded the number of possible portfolio constructions from 15 to 100 quintillion.