A new study from the Federal Reserve finds that among professional investors, neither intelligence nor other personality traits and cognitive skills matter much.

Investors may want to DIY in 2023.

Market participants are modestly bullish on stocks and bonds this year, the latest survey shows.

BREIT, which was designed for wealthy individual investors, has struggled in recent months and been forced to limit withdrawals.

Investors pulled nearly $3.6 billion from over 20 Pimco and Allianz-branded funds, the biggest cumulative outflow ever for the asset manager.

Assets in defined outcome ETFs doubled over 2022. The research team at Innovator ETFs, who pioneered the model, collected data across 350 RIAs and 50 broker/dealers to see how advisors used the funds.