Long-time Canadian asset managers including IGM Financials Mackenzie Investments, AGF Management and CI Financial announced plans to offer ETFs in the past month.
BlackRock is winding down a global macro hedge fund after losses and investor redemptions eroded assets.
Franklin Resources, which has more than $800 billion under management, hired Patrick OConnor from BlackRock to head global ETFs.
Harvard University and other top schools increased stakes in the third quarter in a Vanguard emerging market ETF that lost 19% amid a rout in developing-nation assets.
Indian regulators plan to allow online marketplaces such as Flipkart and Amazon.com to offer funds alongside other products
Rob Goldman founded Goldman Small Cap Research (GSCR)--not affiliated with Goldman Sachs--in 2009. He has over 20 years of investment and research experience as a senior research analyst and as a portfolio and mutual fund manager.
Innovation is a constant in any industry, but sometimes in the fund business its mark is not always obvious.
ICI President and CEO Paul Schott Stevens issued a congratulary statement after the U.S. Senate confirmed Kara M. Stein and Michael S. Piwowar as Commissioners at the Securities and Exchange Commission.
In order to tap into fresh sources of capital, non-U.S. fund managers are looking to the U.S. to distribute investment strategies. This raises many issues: choosing the right vehicles for the job, regulatory considerations, and more.
Fund sponsors have long debated the relative merits of building, buying or outsourcing fund administration technology. As sponsors face more and more data-driven demands from regulators and investors, there is increased pressure to adopt new efficient technologies for fund administration process such as expense payments and budgeting, regulatory reporting and financial reporting. While there is no one-size-fits-all answer to the "build, buy or outsource" question a mix of cost pressures, resources, reporting requirements and technological advances have tipped the balance in favor of "buy" and "outsource."