At the end of June 30, the fund held a concentrated portfolio of just 28 recently launched IPOs. Moreover, only 3.7% of the overall fund held small-cap stocks with a market size of less than $2 ...

The largest U.S. pension fund's returns outpaced its 6.8% annual target and pushed its managed assets to $556.2 billion.

Companies rushed to tap the US leveraged-loan market for debt on Monday, leading to the market’s busiest day since January. The week kicked off with 19 leveraged-loan launches, worth about $24 billion ...

Steve Reder has been promoted to president of RWA Private Wealth after three years as head of wealth management. He will be responsible for leading the firm’s private wealth division and its 75-person ...

Erin Harrigan, who has a decade of experience with Foundation Source, a provider of support and services for private foundations, has been promoted to chief financial officer of the organization, ...

“God has a sense of humor,” said Eric Balchunas, senior ETF analyst at Bloomberg Intelligence and author of The Bogle Effect. “Vanguard chose this life. When you have an index fund, you have to own ...

The decision will aid more than 100 advisors who are pressing their compensation claims before a Finra arbitration panel.

The National Association of Registered Social Security Analysts says the program helps advisors connect with local media.

Englewood, Colo.-based Aveo Capital Partners, a $1.6 billion registered investment advisor, has split into two groups, with one half going to Carson Group in a sale announced this week and the other ...

Despite its advantages, several limitations to PPLI must be considered before integrating it into a broader wealth management strategy.

There's consensus among Fed officials and private-sector forecasters that inflation will turn higher over the summer.

The legislation phases out tax credits for wind and solar, which may diminish their economic edge over coal. It also adds metallurgical coal that’s used to make steel to the list of critical minerals ...