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Altruist is expanding its wealth management platform with new alternative investment capabilities and a suite of enhanced advisor tools designed to help financial advisors manage client portfolios more efficiently from a single platform. The company announced that advisors can now access alternative investment strategies across private equity, real estate and infrastructure from leading asset managers …

EQT is preparing to launch its next flagship infrastructure fund with a target of €21 billion, or approximately $24.5 billion, positioning the strategy among the largest infrastructure fundraising efforts globally. The Stockholm-based investment firm disclosed the target for EQT Infrastructure VII but did not specify a launch date or hard cap. During its first-quarter earnings …

As artificial intelligence continues to dominate the stock market, investors remain cautiously optimistic about AI and view it as a long-term investment. But some remain concerned about near-term risks, and the role AI plays in financial advice, a new study from asset manager Janus Henderson suggests.  Investors have also expressed skepticism about relying on AI for receiving financial recommendations, citing concerns about data security, bias, and overhyped expectations, according to …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

26North Reinsurance Holding Company has agreed to acquire 100% of Independent Insurance Group, the parent of Independent Life Insurance Company, marking the firm’s entry into the U.S. insurance market and the establishment of its first onshore platform. Independent Life is the only carrier exclusively dedicated to issuing structured settlement annuities for personal injury claimants and …

MAI Capital Management has added a Dallas-based registered investment advisor firm to Evoke Advisors, bolstering its reach to ultra-high-net-worth clients.  Service Academy Capital Management, founded in 2015 by CEO Brian Sears, offers wealth management services, including “pro bono” financial planning, portfolio management and risk management to high-net-worth clients, with a focus on U.S. veterans and their families experiencing financial hardship.  Service Academy Capital Management manages about $733 million in …

Employers added 172,000 jobs in May, well above the 88,000 consensus estimate, while the unemployment rate held steady at 4.3%, according to the U.S. Bureau of Labor Statistics. Job gains for March and April were revised higher by a combined 93,000, further strengthening the overall trend. Hiring was broad-based across key sectors. Leisure and hospitality …

Executive Summary U.S. Treasury yields have surged to multi-year highs, driven not by inflation expectations but by rising real yields — a distinction with significant implications for portfolio strategy. The 10-year TIPS yield stands at 2.05%, while the nominal 10-year yield recently reached a cycle peak of 4.67%. With the Gulf crisis introducing a wide …

Altruist is expanding its wealth management platform with new alternative investment capabilities and a suite of enhanced advisor tools designed to help financial advisors manage client portfolios more efficiently from a single platform. The company announced that advisors can now access alternative investment strategies across private equity, real estate and infrastructure from leading asset managers …

Signature Estate & Investment Advisors has unveiled a major expansion of its advisor platform, rolling out AI-enabled tools across advisor workflows and appointing a new senior technology leader to oversee the effort. The initiative is designed to boost efficiency, deepen planning capabilities and support practice growth for advisors across the national wealth management firm. “This …

EQT is preparing to launch its next flagship infrastructure fund with a target of €21 billion, or approximately $24.5 billion, positioning the strategy among the largest infrastructure fundraising efforts globally. The Stockholm-based investment firm disclosed the target for EQT Infrastructure VII but did not specify a launch date or hard cap. During its first-quarter earnings …

Iron Oak Energy Solutions has acquired all operating assets of Signal Peak Silica, marking the proppant supplier’s fourth acquisition since its formation through the merger of Covia Energy and Black Mountain Sand in November 2024. The deal expands Iron Oak’s footprint in two strategically important basins. Through the acquisition, Iron Oak adds two leading plants …

High-net-worth female investors are displaying strong interest in alternative investments and reporting high satisfaction when they do invest in them yet nearly half remain on the sidelines, largely because their financial advisor has never raised the topic, according to new survey findings from Brookfield’s Alts Institute. Conducted by CoreData on behalf of Brookfield’s private wealth …

Employers added 172,000 jobs in May, well above the 88,000 consensus estimate, while the unemployment rate held steady at 4.3%, according to the U.S. Bureau of Labor Statistics. Job gains for March and April were revised higher by a combined 93,000, further strengthening the overall trend. Hiring was broad-based across key sectors. Leisure and hospitality …

Hamilton Lane has made a strategic investment in Republic, an on-chain global investment platform, deepening a partnership aimed at expanding access to private markets through tokenization and digital infrastructure.  The investment reflects Hamilton Lane’s broader strategy to modernize private markets distribution and reach a more diverse investor base, particularly as demand grows for retail access to institutional-quality …

Mastercard has agreed to acquire BVNK, a stablecoin payments infrastructure firm, in a deal valued at up to $1.8 billion, including $300 million in contingent payments.   The move deepens Mastercard’s end‑to‑end support for digital assets and value movement across currencies, rails and regions, as rising regulatory clarity and broader stablecoin adoption create openings for card networks to push beyond traditional card rails …

Executive Summary U.S. Treasury yields have surged to multi-year highs, driven not by inflation expectations but by rising real yields — a distinction with significant implications for portfolio strategy. The 10-year TIPS yield stands at 2.05%, while the nominal 10-year yield recently reached a cycle peak of 4.67%. With the Gulf crisis introducing a wide …