10/26/2020
TFSA Investors: Become a Millennial Millionaire With This 1 Trick
Rather than letting your cash sit in a savings account, put it to work!
Alternative Investments
10/23/2020
Aadil Zaman Named to 2020 Financial Times 401 Top Retirement Advisers
The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).
10/23/2020
LPL Financial Welcomes Eight Advisors after CenterState Bank, South State Bank Merger
Eight CenterState advisors and five client services team members join more than 40 members at South State Investment Service to provide client-focused, locally-based financial advice and guidance throughout the Southeast.
10/23/2020
Private credit investors want end to gender gap
Women now hold about a fifth of the industry's jobs and just 10% of the senior positions as of last year, according to London-based research firm Preqin.
10/23/2020
Vanguard active fund closure highlights challenge in Europe
Low-cost provider’s passive fund growth is vastly outpacing its actively managed business
10/22/2020
‘Set and forget’ investors stick with target-date funds
Covid-19 turbulence buoys loyalty to simpler defined contribution plans
10/22/2020
Hopes of greater diversity as DoL allows private equity in 401(k) plans
Pension advisers will have a vital role in explaining the potential risks of such investments
10/21/2020
PineBridge Launches USD High Yield Bond Fund in Europe
The Fund’s investment objective seeks to maximize total return consisting of current income and capital appreciation
10/21/2020
Ontario Teachers teams with private equity to acquire wealth manager
The transaction, which is subject to customary closing approvals, is expected to close before the end of the year.
10/21/2020
Despite lower interest revenue, Pershing adds $12B in net new assets
The bank doesn’t break out the specific number of RIAs joining each quarter.
10/21/2020
Santander México touts progress on Tesla green financing program
By the second quarter of 2020, Santander México placed more than 900mn pesos in the retail automotive credit segment, double the amount of the same period in 2019.
10/21/2020
BGL Announces the Acquisition of a Multifamily Real Estate Portfolio in Washington, D.C.
Financing for the acquisition and renovation of the properties was provided by MainStreet Bank.
10/20/2020
Manulife Investment Management named to PRI Leaders' Group 2020 in recognition of 'Cutting Edge' Responsible Investment Practices
Releases annual Sustainable and Responsible Investing Report outlining ESG initiatives across investment teams
10/20/2020
Invesco Canada makes changes to mutual funds and ETFs
Firm announces updated fees and objectives to fixed-income and equity strategies
10/19/2020
BlackRock plans huge expansion in Brazilian ETF market
Asset manager aims to cross-list up to 100 overseas funds by end of March
10/19/2020
Equity markets give North American firms a larger slice of pie
Largest managers in region see 20.3% AUM rise; market share increases to 59.7%
10/19/2020
Eaton Vance acquisition said to be good for Morgan Stanley
The rationale for the deal is also different to other manager M&A, said Stephen Tu, New York-based vice president and senior credit officer in Moody's Investors Service Inc.'s financial institutions group.
10/19/2020
Verification essential for more impact
There has been dramatic growth in the impact investing industry in just the last few years.
10/19/2020
Managers of $25 Trillion Are Almost All Bond Quant Believers
While the zero-rate world is hitting future returns in fixed income, it’s the very thing spurring interest in this new hunting ground for quants.
10/18/2020
The costly fallacy of ‘asset class’ investment
Too many fund managers and alternative holdings are bad for pension beneficiaries