1962 Ferrari Brings $51.7 Million at Sotheby’s

It has become the most expensive automobile from that Italian carmaker ever sold at auction.

World’s Largest University Endowment Posts Small Gain

Returns from these schools are watched closely because they pioneered putting money into hedge and private equity funds.

Ackman’s SPARC a Departure from SPACs

Ackman's new investment vehicle differs from SPACs in at least six significant ways. Wall Street has soured on SPACs. Will SPARCs be different?

Investing in Shrek?

An investing platform is planning an IPO that is expected to deliver royalties to investors in music from the popular movie franchise Shrek.

FTC’s Suit Against PE Firm May Be Just The Beginning

The FTC is challenged the growing practice of private-equity firms backing companies that amass medical practices and dominate local markets.

Parents of Sam Bankman-Fried Sued By FTX

Bankman-Fried ran FTX as a "family business" and misappropriated billions to benefit insiders, including his parents, the suit says.

Why Commercial Real Estate Deserves a Closer Look

Opportunities abound in the public and private markets, but investors must “retool” their thinking, says Green Street.

Dalio Pushes for Return to Hedge Fund in Succession Clash

Dalio is well known for his confrontational management approach, called “Principles,” that was made famous in his bestselling autobiography.

A $700 Million Bonanza for the Winners of Crypto’s Collapse

For a small group of corporate turnaround specialists, the cryptocurrency implosion has become a financial bonanza.

Green Banks Tackle Affordable Housing and Climate Change Crises

The nation's two-dozen green banks are beginning to make it easier for private investors to support a variety of projects.

Latest News

Industry Groups Oppose New Advisor Best Practices Rule

FSI and others say Nasaa’s rule proposal is confusing and could negatively impact Main Street investors.

Study Reveals Insight into Affluent American Investors’ Mindsets

Key findings of the study include a noticeable decrease in financial security among affluent Americans.

Did ETF Investors Profit from Hamas Attack?

A U.S. professor stands by his research showing there was a spike in short selling of an Israel ETF leading up to the attacks. The Tel Aviv exchange says the research is inaccurate.

Ex-Wells Fargo CEO Sues Bank For $34 Million In Withheld Pay, Stock

The former CEO says the bank canceled stock awards and withheld a bonus he had earned before stepping down.

Black Swan Fears Drive Caution, Plus 60/40 Three-Decade Performance

VIX sees record trading as looming economic and geopolitical risks keep investors cautious about a potential return of volatility.

Carson Group: Still Too Few Women in Wealth Management

Its latest report confirms the industry has made little progress in gender diversity despite a lot of talk.

Supreme Court Seems Wary of SEC’s In-House Tribunals Without Juries

The Supreme Court discussed a case involving a hedge fund manager in which the SEC brought a civil enforcement proceeding that charged he mislead investors.