09/13/2016
Fidelity’s Workplace Retirement Business Adds $65 Billion in New DC Assets in the First Half of 2016
This high level of demand is in response to employees asking for more financial wellness solutions.
Alternative Investments
09/13/2016
BNY Mellon's Pershing Adds Mesirow Financial to its Retirement Plan Network to Expand Fiduciary Offerings
New offering will provide broker-dealers and advisors with better oversight of client retirement portfolios and enhance their fiduciary controls and processes
09/12/2016
Sprott Asset Management LP Announces Proposed Mergers and Related Investment Strategy Change, Name Changes and Sub-Advisor Change
Sprott Asset Management LP manages assets primarily for institutions, endowments and high net worth individuals and is the investment manager of the Sprott Mutual Funds.
09/12/2016
China, Housing Leave Aussie Banks Losing Out to Canada
Yields on Aussie banks’ dollar debt higher than for Canadians
09/12/2016
Perry’s assets plunge 60% to US$4b as wagers backfire
The fund declined 2.6 percent in the first seven months of this year after losing 12.6 percent in 2015.
09/12/2016
Vanguard flexes its low-cost muscles in Europe
The asset manager continues to steal business from its continental rivals
09/12/2016
Santander says ‘Yes to bitcoin’ in Brazil
The Equity Research paper discusses a meeting on August 23 between local investors and the CEO of Mercado Bitcoin, Rodrigo Batista.
09/12/2016
New Barings Launches Today
The new Barings possesses expanded depth and breadth of expertise across the global fixed income, equity, real estate and alternative asset markets.
09/12/2016
Republic Wealth Partners with ActiveAllocator for Holistic Asset Allocation and Portfolio Construction
ActiveAllocator’s proprietary algorithms build on and optimize the assets an investor already owns.
09/12/2016
Two of Canada's big five banks backing away from marijuana industry
The company, which is currently in the process of obtaining a licence to grow medical marijuana
09/09/2016
Russell Investments selects Qumram for digital record-keeping
It is a privately owned business with clients across Europe and North America.
09/09/2016
United Capital buys Westport Resources Management's private client group
The deal in Westport, Conn., builds on the RIA's presence in New England
09/08/2016
McKinsey buys PriceMetrix
It will continue to develop and deliver SaaS analytics products, and invest in new ones.
09/08/2016
Middle Eastern investors spent more than $500M on Miami CRE in the past 18 months
The recent addition of direct flights to Qatar from Miami International Airport could also help bring in more investment from the region.
09/08/2016
Baltimore's Brown Advisory acquires Austin investment firm
The four-person staff at Blackhaw Wealth Management will join Brown Advisory.
09/07/2016
Aegon Seeks New CFO as Button Departs to Move Back to U.S.
The Hague-based insurer, which gets two-thirds of its income from Transamerica in the U.S., is in the midst of several strategic changes, including buying back stock and lowering expenses.
09/07/2016
Baker Avenue Asset Management Lp Lowers stake in SunTrust Banks
Other Hedge Funds, Including , Laffer Investments sold out all of its stake in STI during the most recent quarter.
09/07/2016
Morningstar, Inc. Names Kunal Kapoor Chief Executive Officer; Founder Joe Mansueto to Become Executive Chairman
Morningstar, Inc announced that its board of directors has appointed Kunal Kapoor, CFA, chief executive officer, effective Jan. 1, 2017
09/07/2016
Newest Canadian Bank Aims to Woo Country’s Chinese Families
The idea to build a bank was generated about five years ago by Shenglin Xian, a Chinese businessman who immigrated to Canada in 1990, according to Lambert.
09/07/2016
Bossen Joins MainStay
Ken Bossen has joined MainStay Investments, a New York Life Company based in New York City