Economy & Markets
The important economic and stock market news that advisors need to know.
Small/Mid Cap Equity Manager of 2022: Congress Asset Management Company
By Jeff BermanCongress 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
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.
June 16, 2022
Fed Rate Hike Could Boost Floating-Rate AnnuitiesHigher rates could lead to big increases in yields on the trillions of dollars of bonds in life insurers' investment portfolios.
June 16, 2022
Meet the 2022 Asset Manager of the Year WinnersThe top active managers, picked by judges from Envestnet and ThinkAdvisor, stand out for their consistent ability to create alpha for investors.
June 15, 2022
The 20 Biggest Asset Managers in the World: Q1 2022These top financial firms are ranked by assets under management, according to ADV Ratings.
June 15, 2022
Ark's Cathie Wood Sees Deflation Risk, Defends Innovation StocksHer flagship Ark Innovation ETF (ARKK) is down more than 65% from a year ago.
June 15, 2022
Fed Hikes Rates 75 Basis Points; Powell Says 75 or 50 Likely in JulyCritics have slammed the Federal Reserve for not anticipating the fastest price gains in four decades and for being too slow to respond to them.