Economy & Markets
The important economic and stock market news that advisors need to know.
Investors Rely on Advisors for Income Planning: Nuveen
By Katie RassInvestors are bullish but worried about investment risk, the investment manager finds.
July 10, 2018
Bill Gross' Slumping Fund Sees $580 Million of Outflows This YearOutflows from the Janus Henderson Global Unconstrained Bond Fund, equal to about a quarter of its assets, coincide with the fund's lagging performance.
July 10, 2018
Retirement Saving Remains Elusive for Millennials: StudyMillennials only see retirement happening based on money saved, not on age.
July 09, 2018
Winning and Losing Asset Managers Grow Farther Apart: StudyIncreasing revenues no longer guarantee that profits will march in step.
July 09, 2018
A Good Week for the S&P 500 Held More Bad News for Active Funds"June was a setback for what might have been a record year for active managers," Bank of America strategists wrote.
July 09, 2018
American Beacon Launches Interval Fund: Portfolio ProductsThe American Beacon fund is designed to provide income, as is Brown Brothers Harriman's new BBH Income Fund.
July 06, 2018
Wells Fargo Sells Stake in Washington, DC-Based RIAWells Fargo sold its 65% interest in The Rock Creek Group to the firm's management.
July 06, 2018
ETFs Post Outflows For Third Month in 2018: State StreetFlows were muted in June as trade tensions rattled investor sentiment, according to the firm's U.S. ETF Flash Flow report.