Investments

  • Financial Professionals Expect Strong Industry Growth
    Financial Professionals Expect Strong Industry Growth

    Many expect AUM to grow by 7.2% in the next year driven mainly by new assets

    As investors try to make sense of markets dominated by an unprecedented global pandemic, financial professionals expect to see healthy growth in assets under management from clients seeking more planning and investing advice, according to the findings of a survey published today by Natixis Investment Managers. Yet emerging competition for assets, shifting client expectations and…
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  • Insurers Remain Confident In Fund Managers Navigating Markets Through Pandemic
    Insurers Remain Confident In Fund Managers Navigating Markets Through Pandemic

    Insurers appetite for alternatives increases; Focus on active management

    State Street Corporation (NYSE: STT) today announced new research[1] which reveals that 78 percent of insurers are confident their asset managers can navigate the current financial crisis caused by COVID-19. State Street surveyed insurance companies around the world on the impact of the COVID-19 pandemic and their views on how asset managers have handled the…
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  • Million Stories Media Takes On Financial Literacy
    Million Stories Media Takes On Financial Literacy

    Free Digital Channel Uses the Power of Entertainment to Engage and Inspire

    Million Stories Media is a free new online channel that harnesses the power of entertainment and storytelling to make money matters easy, inspiring and manageable. With the current COVID-19 crisis, millions of people and businesses are faced with uncertain, extremely worrisome financial futures. Million Stories aims to provide millennials the financial skills and entrepreneurial mindset…
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  • Today’s Advisors: Confident in Job Security But Not the Market
    Today’s Advisors: Confident in Job Security But Not the Market

    New views on the global labor market

    Financial services professionals are confident in their job security despite being negative about the economic outlook, according to a new survey by Selby Jennings. Over half (57%) of global respondents feel confident in keeping their jobs over the next six months, despite the majority (62%) foreseeing a worsening economy over the next year.
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  • CFP Board Implements Reforms to Strengthen Enforcement of Its Code of Ethics and Standards
    CFP Board Implements Reforms to Strengthen Enforcement of Its Code of Ethics and Standards

    Expanding consumer access to advisor information, advisor disclosures

    Certified Financial Planner Board of Standards, Inc. (CFP Board) today announced additional efforts to strengthen the enforcement of its Code of Ethics and Standards of Conduct (Code and Standards) for CFP® professionals, which will begin on June 30, 2020.
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  • FSI Applauds Development and Rollout of SEC’s Regulation Best Interest
    FSI Applauds Development and Rollout of SEC’s Regulation Best Interest

    Standard of care expected to protect investors while preserving access to advice

    With the arrival of the June 30 implementation date for the Securities and Exchange Commission’s (SEC) new Regulation Best Interest (Reg BI), the Financial Services Institute (FSI) applauds the Commission for establishing a workable, universal standard of care that applies to all financial advisors, regardless of their business model.
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  • Homes Are Selling At The Fastest Pace in More Than Two Years
    Homes Are Selling At The Fastest Pace in More Than Two Years

    The hottest U.S. markets are in the Midwest

    Homes are selling faster now than any time since spring 2018, a new Zillow® analysis shows1, meaning potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list.
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  • Rise in Cases Inspires Turbulence
    Rise in Cases Inspires Turbulence

    Worries that rising infections could derail economic recovery sends stock prices down and dampens investor enthusiasm

    The Dow Jones Industrial Average slumped 3.31%, while the Standard & Poor's 500 retreated 2.86%. The Nasdaq Composite Index lost 1.90% for the week. The MSCI EAFE Index, which tracks developed stock markets overseas, declined 1.28%
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  • U.S. Insurers’ Private Equity Holdings Continue to Climb
    U.S. Insurers’ Private Equity Holdings Continue to Climb

    Continued low interest rates, strong but cash-strapped businesses create opportunities

    U.S. insurance companies for a fourth-straight year increased their private equity holdings—by nearly 10% in 2019 to $81.3 billion—as this asset class remains attractive to insurers looking to diversify their investment portfolios or increase returns in the low interest rate environment, according to a new AM Best special report.
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  • FSI Statement on DOL’s Proposed Exemption for Investment Advice Fiduciaries
    FSI Statement on DOL’s Proposed Exemption for Investment Advice Fiduciaries

    Encourages alignment with SEC’s Reg BI and preserving investor choice

    Today, the Department of Labor (DOL) released a proposed exemption for investment advice fiduciaries relating to retirement financial advice. This comes after the DOL’s fiduciary rule was struck down by the Fifth Circuit Court of Appeals in March 2018 following a challenge by a coalition of organizations, including the Financial Services Institute (FSI).
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