Finance News

Investor Advocates Press Congress to Resist 'Industry Efforts' to Derail Fiduciary Rule

A House appropriations bill includes a rider that could delay or defund the DOL fiduciary rule. The CFA is urging Congress to stand against it.

logo.png  By NB  Feb 15, 2024

State Street Targets $25B for Model-Portfolio Business

Model portfolios continue to grow more popular among financial advisors.

logo.png  By NB  Feb 15, 2024

Family Offices Cut Stocks, Boosted Real Assets in 2023, KKR Says

Public equities dipped to 29% of the average total assets in family offices surveyed, down from 31% in 2020, according to KKR's Family Capital report.

logo.png  By NB  Feb 15, 2024

BlackRock’s ESG Fund Business Is Soaring Despite Attacks by the GOP

BlackRock’s ESG-related assets under management swelled 53% from the beginning of 2022 through the end of last year, even as the wider ESG fund market only grew by about 8%.

logo.png  By NB  Feb 15, 2024