Economy & Markets
The important economic and stock market news that advisors need to know.
Fed to Begin Balance Sheet Cuts; Hints Rate Hike Up Next
By Bernice NapachFinancial markets were positioned for a slightly more dovish policy statement.
September 19, 2017
Your Portfolio May Be Less ‘International’ Than You ThinkHome bias is rampant in advisors' portfolios, even when they think they are globally diversified, Janus Henderson says.
September 19, 2017
Bond Investors Rationalize the UnrealisticBuying 10-year Treasuries means locking in negative after-tax and inflation returns for a decade. That's hardly a satisfactory investment.
September 18, 2017
Impax Asset Management to Acquire Pax World ManagementCombined, the two sustainable investing leaders have $13.4 billion in AUM.
September 18, 2017
UBS Launches Products Tied to UN Development Goals: Portfolio ProductsFour new mission-driven issuers join the ImpactUs Marketplace, while SummerHaven launches a liquid private equity index.
September 17, 2017
New S&P Index to Hedge Against Rising College CostsThe S&P Target Tuition Inflation Index is designed to protect college savings from losing value due to inflation.
September 14, 2017
Goldman Starts Smart Beta ETF Price WarThe move not only intensifies competition in smart beta but between smart beta and actively managed funds possibly even passive index funds.
September 14, 2017
Congress Wants a $2 Trillion Tax Break. US Companies Don'tFirms that stand to benefit most from the cut are saying no thanks, just give every company a bigger rate cut.