Computer-Driven Hedge Funds Surge Ahead Amid Chaotic Markets
A $200 billion corner of the hedge funds industry dominated by computer-driven algorithms has been making the most of wild swings in global markets, putting many of those funds on course for a record year of gains.
The Latest Developments in Direct Indexing
Direct indexing is the most powerful trend sweeping through the advisory profession. When done right, it lets clients build low-cost, tax-efficient, and highly customized portfolios. Those portfolios can track a broad market index or implement a factor-based strategy. They can follow an ESG or sustainability mandate. Here to discuss the latest developments in the direct indexing world are two members of Envestnet’s management team.
Biden’s Fight Against Inflation Is Failing Homeowners
The causes of inflation can be hard to isolate, but in the US at least, one culprit is clear: President Joe Biden and congressional Democrats spent too much in the last two years, and even now refuse to take steps that would ease the problem.
What Would You Do If You Were Suddenly Debt-Free? Millions of Student Borrowers Will Find Out
As student borrowers get set to apply for federal loan forgiveness, some of them are also considering for the first time homeownership and other major milestones as they embark on new lives without the specter of debt hanging over them.
ISM Services Inches Down in September
The Institute of Supply Management (ISM) has now released the September Services Purchasing Managers' Index (PMI). The headline Composite Index is at 56.7 percent and is down 0.2 from 56.9 last month. Today's number came in above the Investing.com forecast of 56 percent.