RT Custom Content from WSJ (@WSJCustom)Paid Program with @Vanguard_Group: Is the 60/40 portfolio still relevant? Vanguard Chief European Economist Jumana Saleheen discusses why investors may want to take a new approach.https://t.co/S2azsfjq1y https://t.co/vBWSkTVdC9 ...

Group 1: Crypto ETF Developments - Vanguard Group has opened its brokerage platform to spot crypto ETFs, which could significantly drive inflows due to its 50 million customers [2] - Bank of America Corp. will allow its advisors to recommend crypto allocations of 1% to 4%, contributing to a 5% increase in Bitcoin prices [3] - Strong demand for newly launched spot crypto ETFs is evident, with Bitwise Asset Management's Solana ETF attracting over $800 million in net inflows and total spot Solana assets reaching $1.3 billion to $1.4 billion [4] Group 2: Goldman Sachs Acquisition - Goldman Sachs Group Inc. has acquired Innovator ETFs for $2 billion, positioning itself as the leader in defined outcome ETFs, with Innovator managing approximately $28 billion to $30 billion across 150 ETFs [5] - The defined outcome ETF space has expanded from $5 billion to about $75 billion over the past five years, indicating significant growth in this sector [5] Group 3: Regulatory Environment - The SEC has delayed filings for five times leveraged ETFs from nine issuers, with concerns raised about the high level of leverage [6]

Core Viewpoint - Invesco Ltd. is expanding its presence in private markets by partnering with LGT Capital Partners to offer alternative asset portfolios to US retail and retirement investors [1][2]. Group 1: Partnership Details - The collaboration will focus on private equity, credit, infrastructure assets, and investments in secondary stakes [2]. - This marks Invesco's second partnership since late April, following a collaboration with Barings on private credit funds [2]. Group 2: Market Context - Traditional asset managers have increasingly entered alternative markets over the past year, acquiring boutique firms or forming joint ventures to provide private assets to everyday investors [3]. - Notable partnerships in the industry include Blackstone with Vanguard and Wellington, Apollo with State Street, and Capital Group with KKR [4]. Group 3: Company Profiles - Invesco manages $2.1 trillion in client assets, with over $190 billion in alternative assets primarily in real estate and private debt [4]. - LGT Capital Partners, owned by the Princely Family of Liechtenstein, manages approximately $120 billion in assets [4].

Core Insights - Invesco Ltd. is expanding its presence in private markets by partnering with LGT Capital Partners to offer alternative asset portfolios for US retail and retirement investors [1][2] - The partnership will focus on private equity, credit, infrastructure assets, and secondary stakes [2] - Invesco's CEO highlighted that private market exposure can provide unique income and growth opportunities [2] Company Developments - This partnership with LGT is Invesco's second collaboration since April, following a partnership with Barings on private credit funds [2] - Invesco manages $2.1 trillion in client assets and has over $190 billion in alternative assets, primarily in real estate and private debt [2][5] - LGT Capital Partners, owned by the Princely Family of Liechtenstein, manages approximately $120 billion in assets [5] Industry Trends - Traditional asset managers are increasingly entering alternative markets, forming joint ventures or acquiring boutique firms to offer private assets to retail investors [3] - Other notable partnerships in the industry include Blackstone with Vanguard and Wellington, and Apollo with State Street [4] - The trend indicates a growing interest in private markets as a source of income and growth for investors [2][3]

Core Insights - The article discusses the challenges faced by recent college graduates in securing employment, particularly in light of rising unemployment rates and the impact of artificial intelligence on entry-level jobs. It emphasizes the importance of cooperative education programs and internships in enhancing job prospects for students [1][3][4]. Employment Landscape - The unemployment rate for recent college graduates aged 22 to 27 is 4.8%, higher than the overall worker unemployment rate of 4% and significantly higher than the 7.4% for young workers without degrees [3]. - A private survey indicates that only 30% of 2025 college graduates had secured full-time jobs related to their degrees by summer, a decrease from 41% for the 2024 graduates [3]. - The National Association of Colleges & Employers found that 2025 graduates received an average of 0.78 job offers each, down from 1.13 for the class of 2023 [3]. Shift in Student Priorities - Current high school seniors are increasingly focused on the return on investment of their college education, prioritizing post-graduation employment opportunities over traditional college experiences [5]. - The article highlights a new list of 15 colleges that excel in preparing students for the workforce, emphasizing their commitment to internships and cooperative education [6]. Cooperative Education Programs - Only about 25 of the top 500 colleges offer co-op programs that integrate full-time work experience into their curriculum, with only two schools requiring all students to complete a co-op to graduate [7]. - Schools with strong co-op programs report higher rates of employment for graduates, with a study showing that students who completed internships were nearly 50% less likely to be underemployed five years after graduation [8]. Internship Competition - The average number of applications per internship posting has more than doubled in the past year, indicating increased competition for available positions [9]. - Despite the rising competition, 95% of jobs posted on Handshake are paid opportunities, and many schools provide financial support for students undertaking unpaid internships [9]. Salary Disparities - Graduates from technology and business-focused schools tend to earn significantly higher salaries compared to those from liberal arts colleges, with median salaries for graduates from top institutions reaching as high as $100,500 three years after graduation [10]. Career Preparation Strategies - The 15 colleges highlighted employ various strategies to enhance career readiness, including mandatory internships, extensive career training, and partnerships with employers [11]. - For instance, Arizona State University offers virtual classes on personal branding and networking, while Babson College emphasizes experiential learning through applied projects [12][13]. Notable Institutions - Northeastern University is recognized for its extensive co-op program, with 70% of students completing two co-ops before graduation, leading to an 82% employment rate within nine months of graduation [20]. - Kettering University requires all students to participate in co-ops, resulting in graduates accumulating 2.5 years of work experience by the time they graduate [19]. - The University of Washington utilizes advanced career preparation tools, with 71% of students completing internships before graduation [26].

Core Insights - The SEC has issued warning letters to several ETF providers, freezing applications for leveraged crypto ETFs that offer more than 200% exposure to underlying assets [1][2][6] - Vanguard Group's recent policy shift to allow ETFs and mutual funds holding cryptocurrencies has been overshadowed by the SEC's warning, reversing the positive sentiment in the crypto community [1][3] Group 1: SEC Warnings and Compliance - Nine ETF providers, including Direxion and ProShares, received notices from the SEC on December 2, highlighting compliance requirements under the Investment Company Act of 1940 [2][6] - The SEC's letters emphasize that funds seeking leverage must adhere to Rule 18f-4, which limits a fund's Value-at-Risk (VaR) to no more than 200% of a designated reference portfolio [6][8] - The regulator reiterated that any fund tracking a leveraged or inverse multiple of an unleveraged index must use that index as its reference portfolio for VaR calculations [7] Group 2: Market Activity and Institutional Adoption - The SEC's clampdown coincided with a significant week of institutional activity, as Vanguard Group announced it would allow trading of ETFs and mutual funds that primarily hold cryptocurrencies [3][4] - Following Vanguard's announcement, there was a surge in demand for crypto-related products, indicating strong institutional interest [4] - Bank of America advised wealth-management clients to allocate 1% to 4% of their portfolios to digital assets, marking a notable endorsement of the sector [4]

RT Wendy O (@CryptoWendyO)Thank you @KitcoNewsNOW for inviting me on to discuss @Vanguard_Group giving their clients access to Crypto and Bitcoin ETFs!$HBAR $XRP $SOL https://t.co/eLCuUbNAbU ...

Crypto markets are ripping higher as traders latch onto a rare alignment of monetary and institutional tailwinds. A pro-crypto economist is now the clear favorite to run the Federal Reserve, while some of the world’s biggest asset managers are finally telling clients that Bitcoin belongs in traditional portfolios. Trump signals Kevin Hassett for Fed chair Prediction markets and Wall Street desks increasingly expect Kevin Hassett, a long-time Trump economic adviser, to succeed Jerome Powell as the next F ...

Today: @Vanguard_Group has listed two Crypto Top 10s including SUI from both @21shares_us (TTOPP) and @BitwiseInvest 10 (BITW).Check, point. Another unlock in expanding access to SUI. ...

Market Overview - Bitcoin has shown a tentative rebound, reaching a two-week high of approximately $93,965, marking its highest intraday level since November 17 [1] - The broader crypto market has experienced a significant selloff since early October, resulting in over $1 trillion in market value being wiped out [2] Investor Sentiment - There is a growing sense of optimism among investors, who are hopeful for a recovery in the crypto market despite previous false dawns [3] - The recovery in stock market risk appetite is beginning to influence the crypto space positively, with Bitcoin's price nudging above $93,000, which may indicate a more sustained upward movement [3] Recent Developments - Bitcoin's price fluctuations have been influenced by various factors, including comments from Strategy Inc.'s CEO regarding potential selling of Bitcoin to meet debt obligations, and the establishment of a $1.4 billion reserve for cash availability [5] - Positive developments include the SEC Chairman's plans for an "innovation exemption" for digital asset companies and Vanguard Group's decision to allow trading of cryptocurrency-focused ETFs and mutual funds on its platform [6] - Analysts have noted signs of an upward trend forming for Bitcoin, although caution remains as investors may be hesitant to chase the rally after recent downturns [7]