RIAs’ ETF and Mutual Fund Assets Rose 12% in First Half
Long-term mutual fund and ETF assets under management have hit $1.8 billion, Access Data reported Friday.
Green Movement Looking Pretty White, Study Finds
A study finds minorities underrepresented in environmental organizations, though women have made gains.
Foundations, Endowments Remain Bullish on Hedge Funds
Sixty-five percent of respondents to an NEPC survey reported hedge fund exposure greater than 10% of their total portfolio.
Customer Demand Drives Banks’ Transformation: KPMG Survey
Nearly a third of banks say wealth management will be a top source of revenue growth in the next few years.
Hedge Fund Winners and Losers in First Half
Hedge fund strategies come in and out of favor as the economic environment evolves. Here are the chart-toppers, and flops, for 2014 so far.
Private Foundation Investments Returned 15.6% in 2013
Returns on domestic equities far outpaced other asset classes, according to the Council on Foundations and Commonfund Institute.
Top 20 Cities With Most Millionaires
Tax havens and banking and financial centers have the largest shares of wealthy residents.
Schwab ETF Assets Up 30% Year on Year
Second-quarter Schwab ETF flows amounted to $5.2 billion, up 9% from the first quarter, the bulk flowing into equities.
Affluent Investors Put Their Hobbies Into Their Portfolios
Many Americans have a hobby. If they are well off, they are likely to combine this activity with investing.
House Passes Legislation to Encourage Charitable Giving
The America Gives More Act would make three expired "tax extenders" permanent and has two other provisions.