The macro backdrop last week was positive for the markets. As expected, the European Central Bank (ECB) cut interest rates, highlighting the favorable global monetary policy backdrop. Closer to home, solid vehicle sales and a good May labor marke...

In recent quarters, as investors have tolerated a period of policy-driven volatility, one type of asset has received additional attention: foreign currency. Part of currencies' notoriety is based on the fact that they are not as range-bound as th...

As wealth managers seek higher yields for their clients, real estate has returned to the table as an option.  For wealth managers, the question then becomes which investment vehicle will work best for each client...

Emerging markets are a “set it aside & forget it” play right now

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