07/22/2014

Hedge Fund Avoided More Than $6 Billion Tax, Report Says

The hedge fund used contracts with the banks to establish the “fiction” that it wasn’t the owner of thousands of stocks traded each day, said Senator Carl Levin, a Michigan Democrat and chairman of the Permanent Subcommittee on Investiga

07/21/2014

US investment firm partners with Breakwater Advisory

US-based investment firm Voya Investment Management (IM) has partnered with third-party marketing and advisory firm Breakwater Advisory to offer asset management services to Australian institutional investors.

07/21/2014

First Trust’s smart beta attracts the money

The Big Three exchange-traded fund providers – BlackRock, Vanguard and State Street Global Advisors – have dominated the ETF market for years by consistently attracting the lion’s share of inflows to their funds.