Wealth Management
Top stories summarized by our editors
7/19/2018

A course at the University of Oxford's business school will provide an introduction to algorithmic trading besides its existing advanced courses on machine learning.

More Summaries:
Oxford University
7/19/2018

The Bloomberg Hedge Fund Database shows hedge fund returns at negative 0.33% for the first half of 2018, after a 0.64% drop in June offset gains in May. Data from Bloomberg and Eurekahedge indicate that CTA/managed futures strategies in particular have been struggling, and Jamie McGeever writes that hedge funds' increased positions that the US yield curve will flatten are more likely to pay off than their positions that the dollar will strengthen.

7/19/2018

Investors focused on environmental, social and governance strategies want increased disclosure to help them assess the "good" that companies are doing, experts say.

7/19/2018

The UK Financial Conduct Authority and the Central Bank of Ireland are working toward a memorandum of understanding to give UK investors post-Brexit access to funds domiciled in Ireland.

7/19/2018

The Securities and Exchange Commission on Wednesday gave unanimous approval to a regulation that will require dark pools to increase their disclosure to investors. Starting in January, the rule will require brokers to file Form ATS-N to provide more information about fees, the way they handle orders and any arrangements with high-speed traders.

7/19/2018

If approved, legislation introduced in Congress that encourages the use of annuities in workplace retirement plans would go a long way toward guaranteeing a secure retirement for Americans, according to Michael Kreps, a retirement law specialist. Kreps also said he thinks the bill, which has bipartisan support, has a good chance of being passed.

More Summaries:
Congress
7/19/2018

Several bills under consideration in Congress are aimed at encouraging employers to make annuities available to participants in workplace retirement savings plans. Anne Tergesen answers five questions that are likely to be on savers' minds regarding the annuity proposals.

More Summaries:
Anne Tergesen, Congress
7/19/2018

New York state has amended one of its insurance regulations to establish a best-interest standard governing the sale of annuities and life insurance in the state. The new regulation is set to go into effect on Aug. 1.

7/19/2018

While internal digital communication tools such as Slack are useful, "they cannot communicate your culture," says Patrick Tucker of True Measure Wealth Management. "I think you have to be careful not to undervalue the importance of getting together," he says.

More Summaries:
Patrick Tucker
7/19/2018

A survey of advisors by BNY Mellon's Pershing found 53% of respondents saying they plan to expand their use of alternative investments in 2018. Nontraded and traded REITs' fees have declined, and they can provide stability by offering buffers against increasing rates, Pershing says.

Full Story:
PlanAdviser online
More Summaries:
Pershing, BNY Mellon, Nontraded