Stock markets around the globe have slumped amid growing worries that artificial intelligence (AI) companies’ high valuations could be coming back down to Earth. Markets in Asia and Europe followed Tuesday’s steep falls in the U.S. after the bosses of Goldman Sachs and Morgan Stanley, among others, warned that a correction of as much as … Read more
Given that the sister series for the target date franchise and the retirement opportunity have been covered broadly since the announcement, I thought I would focus on the products we’re designing for the wealth channel, starting with model portfolios. We are developing a co-branded series of asset allocation model portfolios with alternative investment allocations, with … Read more
UK yields are still the highest among Group-of-Seven nations, but the gap is narrowing thanks to a surge in market bets on interest-rate cuts. (Bloomberg) — October was an unusually good month for the UK bond market. Most Read from Bloomberg Gilts posted their best performance in almost two years, and investors including Aberdeen Group … Read more