05/27/2016
SSGA issues 40 ETFs on Euroclear’s fund platform
Furthermore, a selection of SPDR ETFs will be available on our FundSettle platform to support the distribution effort of SPDR ETFs in reaching our mutual fund clients across Europe.”
Alternative Investments
05/27/2016
How Donald Trump is winning over Wall Street
I spoke with over 50 financial professionals across the board. And the overwhelming majority said they were planning on voting for Trump at the election.
05/25/2016
Object Trading Platform goes live at TMX Group’s Co-Location Centre for Montréal Exchange Access
Global expansion of managed DMA infrastructure continues as traditional service providers retreat
05/24/2016
American Beacon Partners with Man Group for New Emerging Market Debt Fund
In August 2014, American Beacon and Man Group launched the American Beacon AHL Managed Futures Strategy Fund.
05/24/2016
AIG to Sell Crowdfunding Insurance, Looking to Make Money Off Investors’ Worries
The coverage isn’t available to protect against just any crowdfunding project.
05/23/2016
World’s no. 2 currency trader says dollar rebound just the start
Deutsche Bank favours buying the US currency versus emerging markets
05/23/2016
Creditors of Puerto Rico Government Bank Revive Lawsuit Over Debt Moratorium
A bondholder group that includes hedge funds Brigade, Claren Road and Fir Tree updated an existing lawsuit against the bank and Governor Alejandro Garcia Padilla late Friday
05/23/2016
Millionaire Tells BlackRock To Say No To Big CEO Pay
According to a survey in the US, 74 per cent people don't believe CEOs are paid appropriately relative to workers
05/23/2016
Fidelity Files To Launch Six ‘Smart Beta’ ETFs
Fidelity Investments has filed with regulators to create six new exchange-traded funds that would mark the Boston mutual fund firm’s most ambitious step yet into the fast-growing ETF arena.
05/23/2016
BNY Mellon Launches Asset Strategy View,Opening a 'Big Data' Window into Institutional Investor Allocations and Behavior
New solution supports growing need from asset managers/owners and insurance firms for detailed allocation data and insight
05/19/2016
Argentine banking group Supervielle raises over $200 mln in landmark IPO
Last month, Argentina sold $16.5 billion of sovereign debt in its first international bond issue since its record 2002 default.
05/19/2016
Envestnet Launches The Essential Advisor
These pillars include financial planning, asset class selection and allocation, investment selection, systematic rebalancing, and tax management.
05/19/2016
Peter J. Solomon Company Launches Houston-Based Energy Advisory Group
Sector Veterans John Rice and George Ward to Lead New Practice as Part of Broader Expansion Plan
05/19/2016
Be wary if your mutual fund manager also runs hedge funds: James Saft
As part of an effort to address this and other concerns, the SEC in 2005 put in place mandatory new disclosures.
05/19/2016
Tom Cruise sells Beverly Hills mansion he shared with Katie Holmes for $40 million after knocking $10 million off asking price
The actor originally listed the home for $50 million, Variety reported in September.
05/18/2016
Bonuses for Traders, Hedge Fund Managers Seen Falling in ‘16
Those in investment-banking advisory services and management positions at banks could see declines of 10 percent to 15 percent, the consultant said.
05/18/2016
Asia Drains Hedge Fund Brains
Fund closures in Europe and the U.S. have accelerated and are running near their 2014 high, according to industry tracker Eurekahedge.
05/18/2016
DC plans putting greater focus on lower-fee vehicles, alternative strategies, and income generation
These private or 'white label' funds typically have lower costs than mutual funds.
05/18/2016
Olivarez achieves Circle of Success recognition
Only a select number of high-performing Ameriprise financial advisors earn this distinction.
05/17/2016
Financial Advisors Are Key to Preventing State Escheatment of Assets
Broker/dealer firms are generally aware of their compliance obligations under state unclaimed property laws.