Wall Street’s Rush to Launch Vanguard-Style Funds Draws Warnings

May 28, 2025 | Markets

Exchange-traded funds have amassed trillions of dollars by offering investors greater tax efficiency, liquidity and lower costs than mutual funds. Now, a looming regulatory shift is poised to bring the two vehicles closer together — and threatens to complicate the...

UBS’s Khan Sees Rich Customer Demand for Alternative Assets

May 27, 2025 | Markets, Private Markets, Recommended

Wealthy customers of UBS Group AG are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade, according to the firm’s Asia Pacific chief. “We see continued demand” for alternatives, Iqbal...

US Bans Harvard From Enrolling Foreigners, Forcing Transfers

May 23, 2025 | Markets

The Trump administration blocked Harvard University from enrolling international students, delivering a major blow to the school and escalating its fight with elite colleges to unprecedented levels. The US revoked Harvard’s Student and Exchange Visitor Program...

Target’s Troubles Leave Analysts Most Negative Since 2018

May 22, 2025 | Markets

Wall Street’s enthusiasm for Target Corp. is at its lowest in more than six years, as disappointing earnings from the big-box retailer spur a series of analyst downgrades. Analysts at Bank of America, Melius Research LLC and Telsey Advisory Group all stepped back from...

Target CEO Under Pressure as Boycott, Tariffs Hit Sales

May 21, 2025 | Markets

Pressure is growing on Target Corp.’s chief executive officer after the retailer cut its sales forecast following a sharp pullback in consumer spending and a hit from tariffs and boycotts. The report sent shares falling and raised questions over Brian Cornell’s...

White House Weighs Directive to Bring Private Equity to 401(k)s

May 21, 2025 | Markets, Private Credit, Private Markets

Advisers to President Donald Trump are considering a new directive to pave the way for private equity to become a bigger piece of US retirement savings, according to people familiar with the matter. Top officials have been discussing an executive order or presidential...