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Goldman Says Most Large-Cap Stock Pickers Beat Market Since 2007

by The Wealth Advisor Contributor
The proportion of large-cap active mutual funds outperforming their benchmark so far this year is the highest since 2007.

Featured

Fed Reveals Surprise Shift As Several Officials Ponder Hike

Fed officials appeared surprisingly wary of cutting interest rates when they met last month, with several suggesting the possible need to raise rates.

Blue Owl Curbs Investor Liquidity Following Asset Sale, Shares Down 3% In Pre-Market Trading

Blue Owl Capital will tighten investor liquidity in its retail-focused Blue Owl Capital Corporation II Fund after offloading $600 million of assets.

Wall Street Points To Signs The AI Scare Sell-Off Is Overblown

Wall Street analysts and executives in sectors hard-hit by sell-offs are pushing back against the "AI scare."

Recent

ETF Innovators

Channeling the Energy Transition: Sprott’s URNM and the Future of Nuclear Power

The Sprott Uranium Miners ETF (URNM) is a compelling opportunity in the resurgent uranium market. As the world shifts toward clean energy, nuclear power is gaining prominence for its reliability and low emissions. URNM provides targeted exposure to uranium mining companies and physical uranium, capitalizing on the increasing global demand driven by the energy transition and technological advancements.

Washington Wire

The Fed Isn't Really Taking 2 Rate Cuts Off the Table

On Wednesday, the Fed revised its outlook for interest rate policy in 2024, signaling just one cut instead of the three seen back in March.

Companies

TradeZero America Resolves Claim Related To Promotional Content

TradeZero America consented to a $250,000 settlement to resolve claims of inadequate oversight related to promo content by paid online influencers.

Companies

Citi's New Wealth Boss Sieg Reshuffles Leadership, Pledges Higher Returns

Citigroup's new head of wealth, Andy Sieg, reshuffled his leadership team and reiterated financial targets as the bank seeks to attract assets.

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Popular

FundFocus

Investor Dan Ives Says The Tech Selloff That Has Been Spooking Markets Is Actually A ‘Generational Opportunity’ To Get In On The Action

Companies

Cathie Wood’s ARKK Takes Fresh Hit After Falling 50% Since Covid

The Trust Advisor

Robert Duvall's Fortune Of Between 50 And 70 Million Dollars That His Fourth Wife Could Inherit Entirely

Companies

Apple Decouples From Nasdaq, Offering Alternative To AI-Fueled Volatility

FundFocus

Fund Beating 99% Of Peers Sees Few Software Firms Surviving AI

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