Elections

Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin, the nominee for Treasury secretary, tells a Senate confirmation panel that if confirmed he would work to simplify the tax code, including closing tax loopholes that permit offshore...

January 19, 2017 | 03:38 pm
CFTC enforcement division director to leave Feb. 3

CFTC enforcement division director to leave Feb. 3

Aitan Goelman, director of the CFTC's enforcement division, will step down from his post Feb. 3, the regulatory agency says.

January 19, 2017 | 01:24 pm
DOL's Borzi on the fiduciary rule: There is no going back

DOL's Borzi on the fiduciary rule: There is no going back

In her eight years serving in the Obama administration, Phyllis Borzi says her proudest accomplishment is the conflict-of-interest rule, which many Republicans in Congress now hope to repeal.

January 18, 2017 | 12:25 pm
How President Obama changed investing forever

How President Obama changed investing forever

For the first time, people seem to understand what the experts and better-informed investors have been trying to explain — that high fees and conflicts of interest are dangerous for anyone...

January 18, 2017 | 08:27 am
The world according to Trump

The world according to Trump

Here are three basic observations to keep in mind as one considers what the new Trump administration portends for the asset management industry.

January 17, 2017 | 11:55 am
SkyBridge Capital sells majority stake to HNA Capital (U.S.), RON Transatlantic

SkyBridge Capital sells majority stake to HNA Capital (U.S.), RON Transatlantic

RON Transatlantic EG and HNA Capital (U.S.) Holding will acquire a majority stake in hedge funds-of-funds manager SkyBridge Capital II.

January 17, 2017 | 01:20 pm
Scaramucci clarifies that his SkyBridge is 'almost' sold

Scaramucci clarifies that his SkyBridge is 'almost' sold

Anthony Scaramucci, named as an adviser to U.S. President-elect Donald Trump, said he has "almost" sold his SkyBridge Capital asset-management firm.

January 17, 2017 | 08:19 am

El-Erian: Dollar strength is biggest threat to rosy market consensus now

The U.S. dollar's strength poses the biggest threat to the prevailing market consensus that president-elect Donald Trump can lift the U.S. economy's growth trajectory, an expert says.

January 16, 2017 | 11:11 am
Institutional investors shouldn't get excited about Trump's infrastructure plan

Institutional investors shouldn't get excited about Trump's infrastructure plan

For institutional investors who have been stymied in their desire to invest in infrastructure, the Trump administration's plan to build $1 trillion of infrastructure sounds promising. But is it?

January 12, 2017 | 06:00 am
Donald Trump taps SkyBridge, Goldman execs for White House roles

Donald Trump taps SkyBridge, Goldman execs for White House roles

SkyBridge Capital founder Anthony Scaramucci on Thursday was named an assistant to President-elect Donald Trump, according to people familiar with the decision.

January 12, 2017 | 05:40 pm
PIMCO bets pound's plunge is far from over as Brexit clouds gather

PIMCO bets pound's plunge is far from over as Brexit clouds gather

No happy new year for the battered pound, if you ask Pacific Investment Management Co.

January 12, 2017 | 12:27 pm
Raft of unknowns make Fed direction tough to predict

Raft of unknowns make Fed direction tough to predict

Fed watchers trying to predict when and where interest rates will go in 2017 will have plenty of challenges, including a new president with an ambitious agenda.

January 09, 2017
SEC must stay on focus

SEC must stay on focus

With his nomination of Jay Clayton as chairman of the Securities and Exchange Commission, President-elect Donald Trump must ensure he is living up to his populist-inspired ideals in naming a new...

January 09, 2017
Canadian pension funding soars to end 2016 — 2 reports

Canadian pension funding soars to end 2016 — 2 reports

Canadian public and corporate pension plans ended 2016 on a high note in terms of solvency, according to two reports.

January 06, 2017 | 01:30 pm
U.S. trade deficits

U.S. trade deficits

The total U.S. trade balance as of Nov. 30 was $69.2 billion, up $9.2 billion from the end of 2015.

January 06, 2017 | 11:06 am