SPIVA Report Highlights Active Underperformance Versus Index Blends

Published on December 12, 2025

In their latest SPIVA report, S&P discussed the underperformance of active funds relative to index blends across various assets.

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Michael Nathanson Steps Down as Focus Financial CEO

December 12, 2025
Adam Birenbaum, current president of Focus, will succeed Nathanson, who will transition to chairman.

Treasury Yields Snapshot: December 12, 2025

December 12, 2025
The yield on the 10-year note finished December 12, 2025 at 4.19%. Meanwhile, the 2-year note ended at 3.52% and the 30-year note ended at 4.85%.