Wealth Management
Rapid Growth and Popularity: Interval funds are gaining momentum, with 19 new launches through May 2025, on pace to surpass the 2024 record of 27. Assets under management have grown nearly 40% annually, reaching almost $100 billion as of April 2025.
Unique Structure and Flexibility: Unlike mutual funds, interval funds allow quarterly redemptions, offering a semi-liquid structure that enables managers to invest in less-liquid, higher-return opportunities like asset-backed securities or CLO equity.
Advantage in Volatile Markets: During market dislocations, interval funds can act as opportunistic buyers rather than forced sellers, taking advantage of discounted high-quality assets when others are liquidating positions, demonstrated during the COVID-19 sell-off in early 2020.
Finsum: This structure better aligns fund liquidity with long-term investments, and advisors should track the horizon for their clients
Public companies’ Bitcoin holdings jumped nearly 40% in Q3 2025, even as the cryptocurrency’s price stayed below $115,000. According to Bitwise, 172 firms now collectively hold about 1.02 million BTC—roughly 4.8% of total supply—driven by large additions from players like Strategy and Japan’s Metaplanet.
Despite this record accumulation, enthusiasm across crypto equities has cooled, with companies such as Metaplanet seeing share prices tumble more than 70% from their peaks.
Analysts suggest Bitcoin’s muted response reflects low market liquidity and the nature of institutional buying, which mostly occurs off exchanges and doesn’t immediately move prices. Broader macroeconomic uncertainty, from renewed trade tensions to shifting Fed policy expectations, has also dampened risk appetite.
Finsum: Many market observers remain optimistic, expecting Bitcoin to regain upward momentum once retail demand and liquidity return later in the year.
Cybersecurity stocks have surged in 2025, fueled by rising global hacking incidents and enthusiasm for AI-driven protection tools. Firms like Zscaler, Cloudflare, and CrowdStrike have gained between 50% and 77% this year, far outpacing broader software benchmarks such as the iShares Expanded Tech-Software ETF.
The sector’s strength is being reinforced by record corporate spending, highlighted by Alphabet’s $32 billion acquisition of Wiz and growing demand for cloud-based security solutions.
Despite heightened competition from tech giants like Microsoft and Google, cybersecurity remains a top enterprise priority, with identity and cloud security expected to drive double-digit growth for years. Investors see continued consolidation and platform integration as key to sustaining momentum across the sector.
Finsum: Both attackers and defenders are increasingly using generative AI, creating new markets for firms specializing in identity and AI security like CyberArk and Okta.
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Although the term “ESG” has become controversial and sometimes viewed as a marketing label, about 69% of institutional asset owners still report using it—primarily for consistency. Many prefer alternative labels: 57% use “sustainable investment,” 53% “sustainability,” and 52% “responsible investment.”
ESG considerations now apply to an average of 44% of asset owners’ AUM globally, up from 42% last year. In 2025, 20% of respondents said they apply ESG to more than 75% of their portfolios, and 10% said ESG applies to 100% of their assets.
Asset owners increasingly see ESG as aligned with fiduciary duty: 61% agree ESG supports that role, up from 53% in 2024.
Finsum: The biggest barrier to broader ESG adoption is concern over impacts on investment returns or a lack of standardized data and reporting.
IsoEnergy’s merger with Toro Energy adds the fully owned Wiluna uranium project in Western Australia to its portfolio, expanding its global footprint and resource base. The combined company will hold an estimated 55.2 million pounds of measured and indicated uranium resources, along with 4.9 million pounds inferred.
IsoEnergy CEO Philip Williams said the acquisition enhances the company’s position with a large, permitted project in a top uranium-producing region amid surging global nuclear demand. Toro shareholders will own about 7.1% of the new entity and gain exposure to IsoEnergy’s assets in Canada and the U.S., including the high-grade Hurricane deposit and Utah-based mines.
The merger arrives as uranium markets strengthen, with global demand projected to rise roughly 30% by 2030 and double by 2040.
Finsum: This merger could be a good opportunity for those looking to invest in nuclear energy or uranium.
At large brokerage firms, many financial advisors are realizing they don’t truly own their client relationships, limiting their autonomy and ability to serve clients freely. Over time, firms have tightened control through reduced payouts, restrictive policies, and the withdrawal of major players which once made advisor transitions easier.
The traditional model has grown more corporate and centralized, leaving advisors to shoulder rising complexity while firms capture more of the value their clients generate.
Meanwhile, the independent RIA space now offers the infrastructure, technology, and compliance support that used to be available only at large firms — but with far greater flexibility and ownership. Modern platforms and advanced tech stacks empower independent advisors to scale efficiently and serve clients on their own terms.
Finsum: With clients increasingly loyal to their advisors rather than the firms themselves, independence no longer seems as risky.