The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.
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US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.