Norway Wealth Fund To Vote Against Musk's $1 Trillion Tesla Pay Package
Norway's sovereign wealth fund, the world's largest, said it would vote against ratifying Tesla (TSLA) CEO Elon Musk's proposed compensation package.
Burry Discloses Puts On Nvidia And Palantir After Bubble Warning
Michael Burry’s Scion Asset Management disclosed bearish wagers on Nvidia Corp. and Palantir Technologies Inc. just days after cryptic warning.
Wall Street CEOs Flag High Market Valuations, Pullback Risk
Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months.
Envestnet Launching Manager Models with Interval Funds Available from BlackRock & Franklin Templeton
To address the growing demand and interest in alternative investments, Envestnet announced the launch of professionally managed model portfolios featuring interval funds on its WealthTech platform. The launch marks a significant milestone in Envestnet's mission to broaden seamless advisor access to alternative investments. Available through Envestnet's Strategist UMA (unified managed account) and Fund Strategist programs, these new offerings deliver institutional-grade solutions at scale to advisors and their clients.
Dynamic Partners with Aculis to Launch First-of-Its-Kind AI Enterprise Solution for Wealth Advisors
Dynamic Advisor Solutions (“Dynamic”), a leading RIA and provider of integrated business solutions for wealth advisors, announced a strategic partnership with Aculis, a pioneering artificial intelligence platform, to develop and deploy a secure AI enterprise solution, serving as the intelligent engine behind Wealth360™, the firm’s integrated tech stack accessible through a single sign-on.