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Why Social Security's 2027 COLA Can't Be Revealed Until October -- and What We Know So Far

Sorry, retirees -- you'll have to sit tight a bit longer.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Aberdeen eyes $200m for new fund of hedge funds

Aberdeen Investments is preparing to launch a concentrated fund of hedge funds aimed at giving institutional and private-banking investors access to a selected group of established managers, with an…

  • Aberdeen to launch $200m fund for hedge funds, named Hedge Fund Legends.
  • Focus on eight to ten hedge funds with diverse investment strategies.
  • Aim to generate absolute US dollar return of cash plus 5%.

Magellan to close Vinva global equity fund

Magellan Asset Management is winding up the Vinva Global Equity Fund, an actively managed systematic strategy for retail investors, less than two years after its launch, according to a report by the…

  • Magellan Asset Management closes Vinva Global Equity Fund.
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  • Closure set for October 12 due to insufficient scale.

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