News > Wealth Management, Capital Markets

The Taming of the Diversified Portfolio
The concept we discuss here goes back to before the advent of the written word, living in parables echoed in religious and secular texts alike. The precise wording has evolved, but the message has not changed materially over time. Cervantes put it on paper more than 400 years ago through the lips of Sancho Panza, and we still use a
Next Recession Ahead? Fixed Income Investing Ideas in an Aging Expansion
SUMMARY While we do not view a recession as imminent, we think investors should be prepared for the cycle to turn over the next three to five years. When thinking about their fixed income allocations late in this cycle, investors should consider the risks posed by higher interest rates, an uptick in inflation and stretched valuations, among others. We believe
International Equities and the U.S. Dollar: Is It Time to Hedge?
In a reversal from last year, the U.S. dollar has strengthened against other major currencies in 2018, reflecting rising U.S. rates, expectations of more Federal Reserve rate hikes and recent sluggish economic data outside the U.S. While U.S. dollar strength has broad implications for earnings and markets, it also has a direct impact on the performance of international equity allocations
How TD Ameritrade's Twitter Chatbot Works
TD Ameritrade (NASDAQ: AMTD) launched its new Twitter (NYSE: TWTR) chatbot last week, allowing clients to check their account and trade directly from Twitter, and with the sudden return of volatility to the market the timing couldn’t really have been better. This represents the brokerage’s latest partnership with a major tech company—their Facebook chatbot went live in August and they’ve
All Asset All Access, January 2018
Chris Brightman, Research Affiliates’ chief investment officer, discusses the 2018 outlook across a global opportunity set, while Research Affiliates’ asset allocation and research specialists offer insights into key asset classes. Jim Masturzo (equities), Shane Shepherd (bonds), Michael Aked (real return assets) and Omid Shakernia (alternative strategies) discuss the opportunities they’re seeing as we start the year. As always, their insights
JPMorgan wealth managers take it on the chin in the first quarter
Everybody and his sister is trying to milk the wealth management cow of steady fees. The markets aren't cooperating. Revenue from the wealth management sector fell 6% to $2.2 billion, JPMorgan reported on Wednesday "due to the impact of lower markets and lower brokerage revenue." JPMorgan was the first major bank to report earnings for the first quarter and is