The global exchange-traded product (ETP) industry, which includes ETFs, powered through the $4 trillion barrier in May, according to BlackRock.
The asset manager said yesterday...
A record number of fund managers think equities are overvalued, research shows.
Some 44% of those surveyed by BofA Merrill Lynch (BoAML) for its June...
Automation rates for fund transactions within Ireland and Luxembourg edged up recently as the industry looks to bring down costs through standardisation and by...
Investment management firm, Capital Group, will launch Amcap, a US equity growth strategy for European and Asian investors, later this month.
The strategy will be...
Old Mutual Global Investors (OMGI) has hired three people formerly of Nomura Asset Management to launch an emerging markets equity desk.
Nick Payne, Salman Siddiqui...
FundRock, a provider of outsourced ‘ManCos’ to Ucits and alternative funds, has appointed Enda Fahy to head up its illiquid alternatives function in Luxembourg.
The...
Calastone, a financial technology firm, has successfully completed the first phase of its proof-of-concept test for fund trading using blockchain, the firm said.
Calastone tested...
Bond funds saw their largest inflows globally for two years last week as investors “put safety over returns”.
Bond inflows were $15.9 billion (€18 billion)...
Early adopters of digital tools in asset and wealth management already report a competitive advantage and gains in improved customer experience, a survey found.
The...
Estera, a fiduciary and administration provider previously spun out of law firm Appleby, has acquired the Heritage Financial Services Group (HFSG), which provides third-party...