Pushing Financial Institutions to Hold the Same Kinds of Assets May Backfire: Economists
By Allison BellThe researchers make the case that investing alike increases the odds that companies will die alike.
June 16, 2020
Morgan Stanley Sued for Bias by Former Diversity ChiefMarilyn Booker spent 26 years at the firm, including 16 as head of its diversity efforts. She was fired late last year.
June 16, 2020
Obama Campaign Chief Says Trump Leads Biden on EconomyFormer Obama aide Jim Messina and former Bush aide Karl Rove agree on this, saying it's voters' top issue.
June 16, 2020
Advisors Expect Returns More Like 2018 Than 2008: SurveyWhile U.S. financial professionals are optimistic, those abroad are another story, Natixis finds.
June 16, 2020
'Peak Pessimism' in Markets Is Over, but Hope Is Fragile: BofA SurveyGlobal fund managers' cash levels experienced the biggest drop in June since August 2009, BofA Global Research reported.
June 16, 2020
The Case for ESG Funds During Volatile Times: MorningstarThey capture less of the downside and have lower volatility ratings than non-ESG funds.
June 15, 2020
Midnight Financial Combines With Passerelle PartnersChristopher Daniels will help Passerelle offer premium financing-based strategies to advisors.
June 15, 2020
SEC Chief Urges Caution on Rollovers Under Reg BIIn particular, advisors must be mindful of relaxed withdrawal rules in the CARES Act, Chairman Jay Clayton says.