NEWS

Jul 08, 2015

ProfitThe wealth management businesses of UBS and Morgan Stanley have each reached over $2 trillion of assets under management (AuM) thanks to a “solid” business year for the industry in 2014.

Jul 06, 2015

ETFBlackRock has launched a dollar-hedged exchange-traded fund (ETF) that invests in the equities of large and mid-sized European companies.

Jul 06, 2015

ApprovedInstitutional sales of ‘Aifs’, or funds denoted as alternative investment funds under Europe’s regulatory regime, increased in the first quarter (Q1) of the year.

Jul 06, 2015

RebrandingBMO Financial Group has completed the re-branding of its asset management business in Europe, the Middle East and Africa (Emea) as BMO Global Asset Management.

Jul 06, 2015

VotingMarkets were today absorbing the effects of the Greek ‘No’ vote after more than 60% of voters in Greece rejected the terms and conditions of continued financial assistance.

Jul 06, 2015

graph up downAsset allocation funds sold in Europe saw increased flows in May, while sales of equity and bond funds reduced and money market funds suffered considerable outflows, according to Morningstar.

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