Alcohol

Consumer

Will the Drink Industry’s Hangover Last Through 2025?

Photo by Paloma A. via Unsplash

In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.

2 min read

Photo by Eva Rinaldi via CC BY-SA 2.0

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read

Photo by Yan Krukau via Pexels

ETF Upside

PE Invasion Weighs on Wealth Management

The massive private-equity investments are causing concerns about its impact on the wealth management industry.

2 min read
Photo by JHVEPhoto via iStock

ETF Upside

Can Private Assets Reshape Index Investing?

New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.

1 min read
Photo by Ryan Brooklyn via Unsplash

Advisor Upside

Wall Street’s Hush-Hush Cash Sweeps Take Center Stage

High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.

2 min read

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