On the Inside SMAs podcast powered by Zephyr’s PSN, host Ryan Nauman interviews Eddie Bernhardt, Head of SMAs at Invesco, about Invesco’s long-short SMA strategy and how it’s used to solve client-specific challenges. Bernhardt explains Invesco’s global scale and the quant equity IQS group’s 30+ year foundation, including proprietary factor research, a large multi-region team,…
The U.S. Food and Drug Administration (FDA) is warning individuals to steer clear of select antihistamine tablets due to the fact that the tablets may be cross-contaminated with an ulcer-treating drug that can cause “serious adverse events”—including life-threatening ones—in people who are hypersensitive to the ingredients. Here’s what you need to know. What’s happened? This…
The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.10%, and September E-mini Nasdaq futures (NQU26) are down -0.47%. Stock indexes are under pressure today amid weakness in software and cybersecurity…
The cryptocurrency industry entered the second half of 2026 on a cautious note, according to CoinGecko’s quarterly analysis. Total crypto market capitalization fell 12.6% during April–June, dropping by roughly $305 billion to end the period at $2.1 trillion — its lowest level since September 2024. This marked the third consecutive quarter of losses for digital…
New York City has a new surcharge (the “Pied-à-Terre Tax”) effective July 1, 2026, that applies to residential property in NYC that isn’t used as the owner’s primary residence. (N.Y. Tax Law Section 1350; N.Y.C. Admin. Code Section 11-3202). If you have a client with a second home, pied-à-terre or investment property in NYC, your…
The Securities and Exchange Commission (SEC), Crypto Task Force lead, Commissioner Hester Peirce, has issued a statement on “crypto vaults and lending strategies.” In brief, the Commissioner addresses the varying and changing strategies crypto holders utilize to generate yield. Expanding on a prior statement that tokenized securities remain securities, Commissioner Peirce explains that these yield…
Artificial intelligence (AI) agents are the next “killer” use case for blockchain and cryptocurrency, according to investment management giant Franklin Templeton’s head of digital assets and innovation. Sandy Kaul said in a X post on Wednesday that the AI agent economy will increase demand for blockchain protocols hosting machine-to-machine micropayments, as legacy card networks are…
Finance is often full of jargon. The moment you decide to invest for the long term, you are hit with a barrage of options: Index funds, active funds; largecap, midcap and smallcap categories. The primary purpose of this journey is to grow your wealth to beat inflation, but the sheer volume of choices can cause…
When an airport dispute went sideways, my teenage son gave me a reality check on handling stubborn, unwinnable arguments.
The rupee depreciated 6 paise to 96.42 against the US dollar in early trade on Tuesday as heightened geopolitical uncertainty put pressure on most Asian currencies, including the rupee. Forex traders said the rupee came under pressure from a combination of factors — crude oil prices climbed on renewed geopolitical tensions, and demand…