Financial Services Firms’ Reputation Still Shadowed by 2008 Crisis
The 2008 financial crisis continues to shape negative consumer views of the financial services firms.
Active U.S. Equity Funds Bled Cash in August: Morningstar
Active U.S. equity funds continued to hemorrhage assets in August while their passive counterparts persisted in performing well.
Many Advisors Don’t Understand How to Mitigate Cybersecurity Risks
While most financial advisors say cybersecurity is a top priority, many do not feel they are fully prepared to manage and mitigate this risk.
Liquid Alts Eked Out Gain in August
The Wilshire Liquid Alternative Index returned 0.1% in August, underperforming the HFRX Global Hedge Fund Index’s return by five basis points.
Pension Spending Shows Big Impact on Economy: NIRS Report
In 2014, retiree spending of pension benefits generated $1.2 trillion in total economic output, supporting 7.1 million jobs, according to the report.
Saving Trumps Spending for Majority of Millennials
A new TD Ameritrade survey shows most boomers and millennials are savers, but the two groups are saving for different reasons.
Global Investors Hike Cash Levels in September: BofA Merrill Lynch
Forty-two percent of global investors said high cash levels were a “bearish view on markets.”
Hedge Funds Posted Sixth Straight Monthly Gain in August: HFR
Hedge funds gained 0.4% in August, with year-to-date performance up 3.5%, according to Hedge Fund Research
Alt Fund Selection Is a Growing Challenge for Institutional Investors
Alternative assets continue to be a crucial part of institutional investors’ portfolios, but investors have a harder time identifying attractive opportunities.
Family Office Returns in 2015 Sagged Due to Challenging Markets
Survey finds implementing a succession plan is family offices’ top governance priority.