Finance News
Wall Street Managers Pile Into Closed-End Funds on Discounts
Many individual investors have seen the value of their holdings drop, and are looking to bail out, drawing hedge funds.
By NB
Nov 11, 2023
AllianceBernstein Offers Banks Funding in Return for Clients
AllianceBernstein is offering funding to lenders — enabling the banks to keep their most prestigious clients sweet — in return for a cut of the fees and access to their client contact books.
By NB
Nov 11, 2023
Quant Giant Dimensional's Pivot to ETFs Reaps $100B Payoff
With nearly 40 ETFs, and thanks to inflows and fund conversions, Dimensional is among the top 10 largest US issuers in the $7.3 trillion industry.
By NB
Nov 11, 2023
Putting Your Clients’ Interests First
Adopting an advice-centric engagement model places the decision-making authority squarely in the hands of those with the most vested interest—the clients themselves.
By NB
Nov 11, 2023