Hedge fund redemptions accelerated in the third quarter of 2016. A whopping $28 billion was redeemed in three months alone.
This week we focused on Gartner’s forecast for growth in IT spending during 2017. Software & services lead the way with communications getting the biggest slice of the pie.
To say the stock market is disliked is an understatement. Investors have withdrawn money from actively managed mutual funds for over 18 months. Yet the picture is relatively positive
We were pleased to host recent events at Austin Country Club and Barton Creek Country Club, which attracted over 120 Central Texas high net-worth and institutional investors. If you would like to view the slides from the presentation, please click through to read more.
In the wake of the scandal enveloping Wells Fargo bank, its advisory & brokerage arm is now under scrutiny.
Last week the WisdomTree Australia Debt ETF (AUNZ) lost 88% of its assets in one day. Franklin/Templeton, the $21 billion manager of mutual and other investment funds decided to liquidate its entire position in AUNZ, leaving a paltry $19 million left in the ETF.