Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team.
While the typical retirement message usually focuses on how much people should stash away from every paycheck, new research shows that working longer is the key to dramatically increasing retirement money — even if you go just a month longer than you had planned.
British wealth managers Rathbone Brothers and Brewin Dolphin reported rises in their respective total assets on Wednesday, driven by net inflows of new client money.
Bitwise Asset Management Inc took steps to bring a cryptocurrency exchange-traded fund to market on Tuesday, reviving a race to list a bitcoin-linked investment in the United States.
Overseas investors purchased fewer U.S. government debt issues at auctions in early July, supporting the view that foreign appetite for U.S. bonds is waning due to trade friction and a strong dollar.
Bank of America Corp added two senior investment bankers to its media and telecommunications team as it continues to bolster coverage of the sector, according to an internal memo reviewed by Reuters.
American billionaire Leon Cooperman said in a letter to investors seen by Reuters that he plans to close his Omega Advisors hedge fund firm and give investors their money back but would continue to manage his own personal wealth.
RegentAtlantic's research director tells Reuters' Fred Katayama that Alphabet is relatively less expensive than other FAANG stocks and is better at controlling risk than archrival Facebook.
The S&P 500 closed at its highest level since February as Alphabet's blowout results boosted expectations of a robust earnings season. Fred Katayama reports.
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