FA News

Are These A.I. Model Portfolios Investing's Next Big Thing?

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Proponents of A.I.-driven ensemble active management believe this system can consistently beat active and passive management.

Private Equity Fails To Beat U.S. Stocks Despite Billions In Fees, Oxford Study Says

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Titans of the industry have become multibillionaires despite mediocre performance, the study said.

Former AXA Team Launches New RIA In Ohio

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Midwest Financial Partners will operate as Octavia Wealth Advisors

Higher Taxes For Wealthy A Stark Possibility In Wake Of Virus

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Revenue-starved governments may have no alternative but to target the wealthy for tax hikes.

China's Slow Recovery Points To Hard Road Back For Global Economy

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There are few signs of a broad based rebound needed to spur a V-shaped recovery.

Workers Can't Be Fired For LGBT Status, U.S. Supreme Court Says

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Conservative Justice Neil Gorsuch and Chief Justice John Roberts joined the court’s four liberals in a 6-3 majority.

Morgan Stanley Economists Double Down On V-Shape Global Recovery

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The forecast assumes a manageable second wave of coronavirus infections by fall.

Goldman Says Mom-And-Pop's Stock Picks Are Trouncing Wall Street

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A portfolio of stocks popular among individuals has surged by 61% since the bear market trough.

Treasuries Rally After Beijing Cases Renew Second Wave Fears

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Dozens of people associated with a fruit and vegetable market in the city tested positive for the virus.

De Blasio The Critic Turns NYPD Defender To Fight $1 Billion Cut

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Bill De Blasio campaigned for mayor in 2013 as a critic of controversial police stop-and-frisk tactics.

Deadliest Corporate Crime In U.S. Will End With 84 Guilty Pleas

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The plea will conclude a legal case arising from the largest wildfire in California's history.

U.S. Financial Advisors More Optimistic About Markets Than Their Foreign Compadres

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A Natixis survey finds that U.S. advisors don't expect 2020 to come close to the market debacle of 2008.

Fed Will Begin Buying Broad Portfolio Of Corporate Bonds

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The central bank said it would follow a diversified market index of U.S. corporate bonds.

Ed Slott On Why 2020 Offers Unique Retirement Income Opportunities

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Life insurance has become more favorable as an estate planning tool under new rules.

Vanguard: Automation Helped Retirement Investors Succeed During Market Swings

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While some investors panicked, Vanguard said its retirement plan participants stayed the course.

Stock Pickers Are Failing To Beat The Whiplashed Pandemic Market

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More than 60% of domestic equity funds underperformed the S&P Composite 1500 in the first four months of 2020.

Resurgent Virus Thrusts States Back Into Life-Or-Death Decisions

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Governors have already begun taking divergent approaches, inflaming tensions within states as well as with neighbors.

Mom-And-Pop Shops Left Holding The Bag In Consumer Card Disputes

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The world’s biggest payment companies have grown increasingly worried about a surge in disputed card transactions.

Appeal Of Digital Assets Growing Among Global Institutional Investors, Fidelity Says

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About 36% of institutional investors hold digital assets, a company survey said.

Mega-Rich Urged To Unleash $121 Billion For Desperate Charities

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The pandemic is prompting more money to flow out of DAFs and into charities where it can do some good.