Sallie Krawcheck, the former head of Bank of America’s wealth management group, announced the next chapter in her long career in financial services with the launch of the Pax Ellevate Global Women’s Index Fund (PXWEX), a mutual...

As markets brace for this week, we continue to expect that the U.S. and global economies will accelerate in 2014 relative to 2013’s growth rate...

Alternative investments are one of the fastest growing asset classes, especially in liquid form, but many clients (and advisors) have a hard time wrapping their hands around it. To that end, Pershing has added an Alternative Investment Center to...

The recent direction and pace of change in bond yields and the stock market is not unusual or inconsistent with the environment of the past five years

Another week brought another record close for equities. The S&P 500 Index increased 1.2% for the week (1), notching a new high, but investor attention appeared to be focused elsewhere. Low levels of market volatility, a pickup in M&A activity, a ...