Latest news with #portfolioManagement
Yahoo
5 days ago
- Business
- Yahoo
Dakota Wealth's DAK ETF: Elevating Portfolio Management
PALM BEACH GARDENS, Fla., Aug. 5, 2025 /PRNewswire/ -- Dakota Wealth Management, headquartered in Palm Beach Gardens, Florida, is excited to announce the introduction of its Dakota Active Equity (DAK), tailored to meet the needs of the modern investor. The firm's dedication to continuous innovation further enhances their capacity to adapt to market dynamics and unveil emerging opportunities for sustained success. "DAK builds upon the strengths of Dakota Wealth Management and our history of portfolio management," states Chief Investment Officer, Tim Melly. "This enables investors to access a Dakota strategy with the convenience and familiarity of an ETF." DAK was born from Dakota's commitment to providing effective financial solutions, offering a streamlined approach for portfolio management and diversification. The core investment philosophy of the Dakota Active Equity Team revolves around the artful combination of qualitative insight and quantitative analysis in investment management. Dakota's structured method for identifying high-growth potential stocks utilizes a comprehensive framework that merges systematic fundamental analysis with subjective implementation, aiming to enhance portfolio outcomes. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation A crucial aspect of Dakota's strategy involves the consistent application of thorough, multi-faceted research, which they believe can generate alpha and lead to more reliable performance. Additionally, they assert that ongoing, innovative research is essential to discovering emerging opportunities and strengthening their investment process. Dakota's focus lies in pinpointing leading companies within the most dynamic sectors and industries. For more details about DAK, including prospectus information, fund holdings, and strategy overview, please visit Investments involve risk. Principal loss is possible. The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. This and other important information is contained in the prospectus, which may be obtained by following the links Prospectus and Summary Prospectus or by calling +1.561.774.8101. Please read the prospectus carefully before investing. The Fund is actively-managed and is subject to the risk that the strategy may not produce the intended results. The Fund is new and has a limited operating history to evaluate. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. We make no representation or warranty as to the accuracy or completeness of the information contained herein including third-party data sources. The views expressed are as of the publication date and subject to change at any time. No part of this material may be reproduced in any form, or referred to in any other publication without express written permission. References to other funds should not to be interpreted as an offer or recommendation of these securities. The Fund is distributed by Quasar Distributors, LLC. The fund's investment advisor is Empowered Funds, LLC, which is doing business as ETF Architect. Dakota Wealth Management serves as the Sub-adviser to the Fund. Quasar is not affiliated with ETF Architect and Dakota Wealth Management. View original content to download multimedia: SOURCE Dakota Wealth Management Sign in to access your portfolio
Finextra
10-07-2025
- Business
- Finextra
Moment raises $36m to automate fixed income
Moment has raised $36 million in Series B funding led by Index Ventures for its platform automating trading and portfolio management workflows for fixed income teams. 0 Andreessen Horowitz, Lightspeed Venture Partners, Venrock, Neo, and Contrary Capital joined the round for Moment, which was founded by the team that built the automated credit desks at Citadel Securities and Jane Street. Moment's platform unifies trading, research, portfolio optimisation, reporting, and risk and compliance in a single system. The firm's clients use it to execute thousands of trades in seconds with automated execution rules, optimise tax-sensitive, multi-asset class portfolios across hundreds of thousands of accounts, scan all of their accounts and trades in real-time for compliance violations, and use AI-powered workflows to instantly generate portfolios from email requests, build transition proposals from PDFs in seconds, and produce client-ready reports with custom commentary. Having recently secured a partnership with the largest independent dealer-broker in the US, LPL Financial, Moment says it will use the new funding to strike more deals, invest in research and development, and expand its New York-based team. "Demand for fixed-income has exploded, and leading financial institutions are capitalizing on this unique opportunity to seize market share' says Dylan Parker, CEO, Moment. 'These firms are partnering with Moment to co-create the future of fixed income - empowering their fixed income teams with a differentiated platform to win new business, unlock eight-figure revenue channels, and genuinely 10x their productivity.'
Bloomberg
07-07-2025
- Business
- Bloomberg
Odd Lots: How You Get and Actually Keep a Job at a Multi-Strat Hedge Fund
Multi-strategy hedge funds, composed of lots of individual portfolio managers, have seen assets under management boom in recent years, thanks to astonishingly consistent returns throughout the cycle. If you're one of the PMs, the money can be incredibly lucrative. But job security is fickle, and it's easy to lose your place on the team. So how do you actually get your seat and keep it? On this episode, we speak with Brian Yelvington, a consultant at the recruitment firm Carrington Fox. He's also a longtime veteran of the industry, having been a trader at many large firms. He discusses how people get their foot in the door, the skills needed to succeed, and how to think about optimizing returns while avoiding ruin.
Bloomberg
07-07-2025
- Business
- Bloomberg
How You Get and Actually Keep a Job at a Multi-Strat Hedge Fund
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Subscribe to the newsletter Multi-strategy hedge funds, composed of lots of individual portfolio managers, have seen assets under management boom in recent years, thanks to astonishingly consistent returns throughout the cycle. If you're one of the PMs, the money can be incredibly lucrative. But job security is fickle, and it's easy to lose your place on the team. So how do you actually get your seat and keep it? On this episode, we speak with Brian Yelvington, a consultant at the recruitment firm Carrington Fox. He's also a longtime veteran of the industry, having been a trader at many large firms. He discusses how people get their foot in the door, the skills needed to succeed, and how to think about optimizing returns while avoiding ruin.
New York Times
03-07-2025
- Business
- New York Times
Live Updates: U.S. Hiring Remains Solid, Sign of a Resilient Economy
When the Federal Reserve sets monetary policy, it has two goals in mind: Keep inflation at 2 percent and ensure that the labor market is healthy. A stable labor market fortifies the Federal Reserve's case that it does not need to be in a hurry to lower borrowing costs, keeping the central bank on course to extend its pause on interest rate cuts when it meets later this month. June's jobs report, which showed employers adding 147,000 jobs for the month and the unemployment rate ticking down to 4.1 percent, underscores the economy's resilience and helps to dispel the notion that it is in need of immediate support. 'There is no urgency,' said Priya Misra, a portfolio manager at J.P. Morgan Asset Management. 'They can keep pushing it out in the future,' she added on the timing of the Fed's next rate cut. The latest sign of a relatively sturdy labor market comes as President Trump directs a litany of attacks at Jerome H. Powell, the Fed chair, and the central bank more broadly for resisting his demands to immediately lower borrowing costs by a significant amount. Just in the last week, Mr. Trump called on Mr. Powell to resign and penned him a handwritten note blaming him for costing the country a 'fortune.' Part of the president's ire stems from the Fed keeping interest rates at current levels at a time when the government is trying to pass a massive package of tax cuts that is expected to balloon the deficit and increase what it costs the government to cover interest payments on the national debt. Already, the United States spends around $1 trillion a year to service those obligations. Mr. Powell has so far remained undeterred, telling an audience of policymakers, economists and investors at the European Central Bank's annual conference in Sintra, Portugal on Tuesday that as long as the economy is in 'solid shape,' the central bank thought it 'prudent' to wait and collect more data about how the economy is evolving in light of Mr. Trump's policies before taking any action. Asked directly about the president's pressure campaign on Tuesday's panel, Mr. Powell said he was 'very focused on just doing my job.' To restart interest rate cuts after an extended pause, which has been in place since January, officials at the Fed have laid out clear criteria. Either inflation, which is still elevated and at risk of moving higher because of tariffs, appears well enough contained or the labor market starts to meaningfully weaken. Inflation has stayed surprisingly mild in recent months, but most economic forecasters expect price pressures from Mr. Trump's tariffs to accelerate this summer. The threat of new levies continues to hang over the country's trading partners as the administration races toward a July 9 deadline to mint various deals. On Wednesday, Mr. Trump announced a preliminary pact with Vietnam. Tariffs are expected to raise inflation and also hurt growth, but Fed officials have started to diverge in terms of what the magnitude of the economic fallout might be. That has caused divisions regarding the timing of when the central bank should restart interest rate cuts, with two Trump-appointed officials in recent weeks making the case for a July cut if inflation stays muted. But other policymakers do not appear to be on board. Projections released in June showed that almost half of Fed officials forecast no cuts at all this year. A slim majority stuck to earlier estimates of half a percentage point worth of cuts. Thursday's jobs report wiped out any expectation that the Fed will lower interest rates in July, according to the federal funds futures market, and pushed back the projected timing of the first reduction to October. But economists have no yet ruled out interest rate cuts this year altogether. That is because there are nascent signs that the economy, while still solid, is slowing down. Private-sector hiring slowed in June overall, and the range of sectors still adding jobs stayed narrow. Health care, leisure and hospitality and state government accounted for a large share of the gains. The labor force also shrunk. One complication is that getting a clear read on the health of the labor market is likely to get more difficult in light of sweeping efforts by the Trump administration to limit the flow of people entering the United States, as well as its campaign to drive out immigrants already deeply rooted in the country. Monthly jobs growth is expected to slow, but later this year a more significant pullback in the pace may simply reflect a smaller labor force as opposed to weak demand for workers. Ms. Misra warned that immigration restrictions, coupled with tariffs, are likely to exacerbate price pressures, giving the Fed another reason to stand pat. 'They're going to want to see more data,' she said.
