Portfolio manager providing retirement investors diversification, defense
If diversification is the only free lunch on Wall Street, then fund manager Michael Cuggino is offering retirement investors a buffet. Cuggino […]
SEC says ex-BlackRock manager did not disclose conflict of interest with film studio
A former BlackRock portfolio manager has paid $250,000 to settle claims that he failed to disclose that a film company in which […]
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager
Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in […]
Alternative investments manager Ballast Rock joins RIA game
Ballast Rock Group, a 4-year-old asset manager specializing in alternative investments, is branching out into the financial advice business with a registered […]
Upstart manager seeks to unseat S&P 500 by asking investors for personal data instead of fees
In a world where investors can gain exposure to the entire global equity markets for just a few basis points, it’s hard […]
Merrill adds premium outside manager service
Bank of America announced that it has added a premium suite of third-party investment strategies for high-net-worth clients to its Merrill Lynch […]
Investment manager Janus Henderson set to cut 100 jobs
Investment manager Janus Henderson will cut staff numbers by up to 5 per cent as part of efforts to reduce costs under […]
Fund manager Abrdn plans payout to shareholders of up to £500mn
Struggling fund manager Abrdn plans to return up to £500mn to shareholders in an attempt to head off a revolt after its […]
Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves – Emerging Markets Bitcoin News
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. […]
US fund manager under fire over sponsorship of climate sceptics
Federated Hermes, a champion of environmentally friendly investment strategies, is coming under increasing pressure to explain its sponsorship of a coalition of […]