Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach to Co-Manage New Fund
By Bernice NapachThe DoubleLine Multi-Asset Trend Fund will seek to match the performance of the BNP Paribas Multi-Asset Trend Index.
December 14, 2020
Pandemic Weighs on 2021 Growth Forecasts: NatixisA Natixis survey finds just 21% of institutional investors expect a full economic recovery before 2022.
December 13, 2020
State Street, UBS in Discussions About Merging Asset Management Units: ReportThe talks started this year, and the two parties were near an agreement this summer, sources told The Wall Street Journal.
December 11, 2020
Businesses Need Stimulus, Quickly: SurveyMore than half of executives in an AICPA survey said their businesses would be hurt if more aid doesn't come soon.
December 11, 2020
11 Findings on How Millions of Americans Actually Invest: VanguardVanguard analyzed detailed data on the portfolio construction and trading behavior of some 5 million households.
December 11, 2020
How Did Advisor Portfolios Perform After COVID-19 Hit? Very Well, Says InvescoThe firm's study of several hundred portfolios found that many advisors shifted allocations to investments that outperformed.
December 10, 2020
SIFMA Looks Ahead at Markets, Regulation for 2021U.S. capital markets thrived this year despite the pandemic, which also accelerated trends that could continue in 2021.
December 10, 2020
State Street Ending No-Layoff Pledge in 2021Its pledge not to cut jobs because of the pandemic "will go away" next year, says CEO Ron O'Hanley.