Private Equity Stalls as Investors Wait Out Volatility
Private equity activity leveled off in 2015, and industry leaders in a new study generally expect more of the same in 2016, according to a study by BDO USA.
Is Yellen Prepping for Rate Cut or Saying ‘Nothing Alarmist’?
Gary Shilling says Fed Chair Janet Yellen might be "preparing the markets for a rate cut," while Jefferies’ Thomas Simons called her remarks "nothing alarmist."
Goldman Sachs Abandons 5 of 6 'Top Trade' Calls for '16
New York bank closes bet on dollar strength versus euro, yen.
Did Fed Give Trump, Sanders The Edge?
Axel Merk argues that expansionary monetary policy leads to middle class destruction and populist politics.
Amid Volatility, Portfolio Management Is Top Advisor Concern: Fidelity
Advisors have become more concerned about portfolio management since the middle of 2015, according to Fidelity’s Advisor Investment Pulse survey, as market volatility has increased.
SEC Has ‘Open Investigations’ of Private Offerings to Accredited Investors
The SEC is investigating whether some issuers of private placements failed to properly vet accredited investors, Chairwoman Mary Jo White said.
SaveDay to Launch Robo-401(k) for Small Businesses
A new robo-401(k) that targets small-business owners will hit the market this week.
Lisa Dolly Named CEO of Pershing; Lori Hardwick of Envestnet Replaces Her as COO
Pershing veteran Dolly succeeds Ron DeCicco, who will retire. She will be the first female CEO at Pershing.
Most Advisors Don’t ‘Fully Understand’ DOL Fiduciary Rule: Eaton Vance
“There will be an enormous educational effort for the industry to try to understand" the impending fiduciary rule, says Eaton Vance's John Moninger.
SEC Proposals Aimed at ETFs May Chase Investors Into ETNs
ETFs holding some $225 billion in assets are likely to violate the new rules and could ironically spark a migration of investors into riskier products.