At least five portfolio managers focused on credit trading at Brevan Howard Asset Management have left the hedge fund firm, the latest sign of fallout from market turmoil.
Duration management is a key function of fixed income portfolio management. However, as yields have moved approximately 100 bps in 2026 and the monetary regime has sharply changed from rate cuts to rate hikes, duration management has come into greater focus.
Municipal bonds posted their best month since 2023. See how high-yield muni ETFs help advisors capitalize on the municipal market recovery.
Join Amy Y. Zhang, CFA, Portfolio Manager of the Alger Mid Cap 40 ETF (FRTY), for an in-depth discussion on today's mid-cap opportunity set and where she is uncovering high-conviction ideas across transformative themes such as artificial intelligence and healthcare innovation.
Join the experts from VettaFi as they connect developments across the ROBO Global index suite (ROBO, THNQ, HTEC) with the wider industry. They’ll also cover the opportunities and risks for investors as companies work to turn technical advances into commercial value.
On the surface, financial conditions appear to be easing: the FOMC held rates steady last week, and Treasury yields have retreated from their recent highs. But that rally reflects a flight to safety, driven by growing questions about the durability and financing of the AI investment cycle.
US labor productivity accelerated in the third quarter at the fastest pace in a year, suggesting a capital spending boom is translating into greater efficiency at a time when input costs have soared.
Agility Robotics Inc. is set to become the first dedicated humanoid company to go public in the US, marking a major milestone for the emerging category that still has a lot to prove.
The voters have spoken, and they’ve decided that divided government is the best path forward. Democrats have been handed a majority in the House and Senate where they’ll have to work with a Republican president to manage the country’s financial well-being. What does history tell us about markets and the economy under divided rule? Here are four things that investors should consider.
US equities plunged Thursday as a rotation out of chipmakers deepened and investors looked past the initial relief rally following the US midterm elections.
The world’s advanced economies could be facing a slow-moving train wreck that they appear powerless to stop. We are no longer producing enough babies.
If history is any indication, when push comes to shove, the Fed will ultimately choose more easy money despite elevated inflation to support the markets and the broader economy.
The push by regulators to launch digital versions of US stocks is a rush job that risks introducing crypto-like dangers into the equity market with few benefits. Hopefully, a rebalanced Congress with senators who are less in thrall to the industry can block this move, or at least press for stronger guardrails.
October reminded investors that markets rarely move in response to a single factor. The US economy continued to expand at a moderate pace, supported by healthy consumer spending and solid business activity, even as markets contended with higher energy prices, renewed inflation concerns and heightened geopolitical tensions.
Retirement confidence is a matter of perspective. While many defined contribution (DC) plan participants believe they’re making progress toward retirement savings, relatively few are certain they’ll have what they need at the finish line. And when the conversation shifts from turning savings into the increasingly important final step of generating sustainable income, their understanding becomes even less clear, according to our latest survey.
Following U.S. midterm results, Paul Eitelman, Chief Investment Strategist, Russell Investments, shares the potential implications for markets and the data center rollout. Views are as of 10:00 am Eastern Time on November 4, 2026.
Notwithstanding that the major U.S. equity indexes are sitting on healthy double-digit gains heading into the final two months of 2026, the calm at the index level belies a lot of churn and rotation underneath.
Taken together, these trends point to a healthier, broader economic backdrop than the AI-driven narrative alone would suggest. For us as investors, it reinforces the case for individual, fundamental stockpicking over simply riding the AI wave. There's more supporting this market than one theme, and that breadth matters for how we position portfolios.
Equity markets are caught between tighter liquidity conditions and increased geopolitical uncertainty on the one hand, and solid economic growth and corporate earnings on the other. We have consequently reduced our exposure to stocks leading into year end.
Following the U.S. midterm elections, investors will naturally focus on what the results mean for fiscal policy, geopolitics, and the regulatory outlook. But there’s another more immediate way the midterms have already mattered for the economy: The campaigns themselves have provided a meaningful boost to U.S. growth.
As investor interest in Anthropic’s upcoming IPO grows, ETFs are finding new ways to offer exposure to private companies through derivatives tied to perpetual futures. Recent regulatory developments could accelerate the use of these instruments across the ETF industry, but they also introduce new risks and complexities.
As AI tools remove friction from administrative tasks, more clients flow into the pipeline, stretching advisor capacity without fortifying the infrastructure required to support it. Every efficiency created for an advisor can generate additional work elsewhere, with much of it landing on client service and operations teams.
Although AI reasoning tools drastically speed up workflow—allowing single individuals to build complex financial platforms—they tend to produce generic consensus, overlook subtle guidance, and push inexperienced users toward crowded, high-risk strategies.
Focus on raising the brand of your firm. We call it “standing out in a crowded market”. Take a look at what you are saying and find ways to differentiate yourself so people become curious and want to learn more about what you can do for them. Websites don’t sell anything but they do tell a story. Make sure your story is a solid one.
Choosing the advisor who will represent you in the market is not an administrative step; it shapes every stage of the transaction that follows. For many founders, it is the first major decision in the sale process and can influence the ultimate outcome as much as any term negotiated at the closing table.
Fixed income ETFs shattered all-time records in October, amassing an unprecedented $74 billion in monthly net inflows. The milestone marked a record sixth consecutive month with more than $50 billion in allocations. This streak never occurred in the industry prior to this year.
Timing is everything when you’re trying to pull off a mega-deal. And it’s hard to think of a worse moment for semiconductor designer Marvell Technology Inc. to unveil a takeover of laser specialist Lumentum Holdings Inc. at a $115 billion enterprise value.
The world remains in a volatile situation: There’s unrest in France over its deteriorating finances, and big political changes are potentially afoot in the US and Israel. Then there’s the ongoing war with Iran, including increased attacks on tankers in the Strait of Hormuz and Houthi strikes against Saudi Arabia.
Google parent Alphabet Inc. is back in the municipal bond market for the second time this year with a $1.5 billion prepaid energy deal.
While US midterm election results historically bode well for stocks regardless of which party wins, some Wall Street strategists are warning clients to temper their bullishness this time around.
One concern raised by the recent backup in rates is whether CRE is about to relive the stress of 2023, when depressed post-pandemic office demand coincided with rising rates and a regional bank crisis, including Silicon Valley Bank and First Republic Bank. The selloff in public REITs suggests investors are repricing property values for a higher-rate world.
Almost three years have passed since the SEC approved spot Bitcoin ETFs, bringing crypto and digital assets investing to a whole new audience. The asset class has evolved in that time, becoming a bigger and bigger part of investor and advisor plans.
The significance of federal debt breaching the 100%-of-GDP threshold is debatable, but if debt keeps rising relative to the economy there is surely a point at which it becomes problematic for the US. In one sense it already has: net interest on the debt accounted for 14% of federal spending during the fiscal year that ended in September, and more than half the $2 trillion deficit.
Elevated Treasury yields have created attractive income opportunities across the fixed income markets. Corporate and municipal bonds offer additional yield opportunities, while positively sloped yield curves provide investors with further motivations to extend maturities. For many investors, the opportunity to capture higher income and lock it in for longer periods has renewed interest in exploring bond swaps.
Sometimes the best lessons are the simplest ones, and right now, the market is offering a good old-fashioned lesson on the benefits of diversification. Stay invested, stay diversified, and stick to your financial plan.
We expect the rotation to continue. The earnings bar is high—very high. Any minor misstep has led to punishment, which has led to rotation. Rotation is not a bad thing, and if you are running a diversified equity portfolio, you should be in good shape.
The Federal Reserve meeting last week was largely uneventful. The S&P 500 and the 10-year Treasury yield ending the trading session almost exactly where they stood before the Fed’s announcements. Despite some disagreements within the Fed, there was virtually no forward guidance.
Most of us consider the end of the year as the season of giving. While you may have put some thought into how much you’d like to give this year, have you considered the best way to do it? The biggest benefit of charitable giving is supporting an organization that holds special meaning to you. But that doesn’t mean you can’t incorporate some potential tax advantages as well.
From earlier detection and more precise treatments to smarter medical technology, the healthcare sector continues to reinvent products that improve and save lives. Yet healthcare stocks have struggled to reflect that progress, overshadowed in recent years by investor enthusiasm for AI beneficiaries.
The 10-year Treasury yield has experienced dramatic fluctuations, ranging from a peak of 15.68% in October 1981, during the height of the Volcker era, to a historic low of 0.55% in August 2020, amidst the economic uncertainty of the pandemic. At the end of October 2026, the weekly average stood at 4.99%.
AI shouldn’t replace a trust officer’s judgment. Together, custom prompt-driven reviews and AI assistants cover the two modes trust officers operate in most frequently: structured reviews and real-time client service.
Fear of losing disability benefits can sometimes be as much of a barrier to opportunity as the rules themselves. Even sophisticated families can find the system difficult to navigate.
Social contracts are written for the population of their day, but while populations change, contracts rarely do. France is now the clearest case study of that collision.
When I introduce the emotional side of money to my financial planning students at Golden Gate University, the most common reaction is shock that it was never part of their formal education.
With the Fed resuming rate hikes, inflation remaining above target, and market volatility returning as a persistent feature of the investment landscape, advisors are increasingly turning to income not tied to duration or credit risk.
Election Day has markets watching how divided Washington will be over the coming two years. Jeff Schulze shares insights for investors based on different potential outcomes.
While market valuations remain on the loftier side, investors face a familiar dilemma. Chasing pure growth leaves portfolios vulnerable to sharp drawdowns, while hiding in traditional “deep value” risks inheriting mature businesses in structural decline — classic value traps.
The broad markets experienced volatility in the 3rd quarter with concerns over the impact of energy prices on inflation as well as CapEx spending by hyperscaler companies in the AI space driving technology stocks. The price of WTI Crude oil rallied sharply during the quarter by nearly 30%.
Once prone to external shocks, Latin America has weathered this year’s geopolitical upheavals largely unscathed.
Oil and natural gas extended a plunge on unconfirmed reports of further diplomacy in the US-Iran conflict. The US approved a draft memorandum of understanding that the Qatari delegation presented to Iran yesterday, the Al Araby news service reported Tuesday, citing sources close to the mediation team.
