Economy & Markets
The important economic and stock market news that advisors need to know.
BNY Mellon CEO-Elect: How the Oldest Firm in the NYSE Is Staying in the Game
By Jeff BermanFirms have "littered the corporate graveyard as a result of not innovating," Robin Vince said at Pershing Insite.
June 16, 2022
Large Cap Equity Manager of 2022: Alley CompanyThe portfolio had a strong performance in 2021, beating the Russell 1000 Value Index by 2.6%, according to Envestnet.
June 16, 2022
Large Cap Equity Manager of 2022: Wakefield Asset ManagementThe large-cap strategy has achieved a roughly 10% earnings beat rate vs. the S&P 500 over 20 years, according to Envestnet.
June 16, 2022
Small/Mid Cap Equity Manager of 2022: Congress Asset Management CompanyCongress Mid Cap Growth was up 30.6% last year, topping the Russell Mid Cap Growth Index by 17.9%, according to Envestnet.
June 16, 2022
3 Trends Pressuring 60/40 Portfolios Over the Next DecadeThe oft-heard advice to "stay the course" may be inappropriate for the investing environment that's coming.
June 16, 2022
Sustainable & Overall Asset Manager of 2022: SchrodersThe Hartford-Schroders International Stock Fund had returns of 11.4% in 2021, outpacing the benchmark by 3.6%.
June 16, 2022
How Rising Yields Affect Retirees: Morningstar's BenzRetirees should do an audit of their bond holdings in a rising rate environment, the personal finance director says.
June 16, 2022
Fixed Income Manager of 2022: Federated HermesThe total return bond fund topped both the Bloomberg Aggregate Bond and Bloomberg U.S. Universal benchmark indexes in 2021.