The UK Parliament seized control of the Brexit process from Prime Minister Theresa May and will now seek to decide how Britain exits the European Union (EU). What will follow is anyone’s guess, but it is likely to include voting on the largest range of options for leaving the EU that lawmakers have formally considered. One of those options is ...

So far this year, the market has looked like late 2018, but in reverse. The stocks that did poorly late last year, like video streaming service Netflix Inc. and energy company Hess Corp., have done well in early 2019, and vice versa. Overall, the S&P 500 Index has climbed nearly 13 percent this year. Dan Suzuki, a portfolio strategist at ...

The world is wealthier now than it’s ever been — but only on paper. Much of this prosperity may prove illusory as a global shift towards less liquid investments undermines the basis of valuation. Private equity, infrastructure and private credit have become a bigger share of investment portfolios, making mark-to-market values increasingly uncertain. The standard method of valuing assets assumes ...