Asset management

As the sector grows to over $30 trillion in Europe, North America, Japan, Australia and New Zealand, one popular approach consists of excluding offenders.

The large number of closures in equities and “other” categories could not be offset by new additions, Index Industry Association research shows.

The SEC’s recently passed ETF modernization rule, which expands choice in the market, “is probably the end of the mutual fund industry.”

It's no exaggeration to say rock-bottom fees are an existential threat to many asset managers. However, technology could still save the day.

The move comes amid years of mediocre returns posted by hedge funds, prompting investors to pull money and demand lower fees.

Many lenders have started to scale back as the fund industry copes with reduced demand for research following MiFID II.

The downside for their clients, however, is it may obscure just how much credit risk they’re exposing themselves to.

Seema Hingorani will help oversee relationships with the firm’s largest clients and create a new training program to develop talent.

Data reported by the Investment Company Institute.

More than $1 trillion is invested in bond ETFs, with trading leaping 41% in 2018 from a year earlier, according to research.

The RobustWealth and Wells Fargo acquisitions are boosting the firm’s technology and scale as firms of its type diverge on their approach to a changing industry.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

The decommissioning of redundant measures outweighed the creation of new benchmarks, according to a new report from the Index Industry Association.

The organization is focusing its efforts on diversity, technology and creative product development in 2020, says Jim Fitzpatrick, president and CEO of the group.

Bill Mahler had been chairman of the firm’s equity capital markets and equity asset management units. He was also on the executive committee.

“We need someone with a deep understanding of BlackRock, our business and, above all, our culture,” CEO Larry Fink wrote in a memo.

For its annual NOVA awards, NICSA recognized asset managers and executives for operational excellence and product development.

Studies purport to have proven both that socially responsible investing hurts returns, and that it can boost performance.

Martin Gilbert helped build Aberdeen Asset Management through dozens of acquisitions starting in the early 1980s.

Financial market data — unlike photos or road traffic information or chess games — is finite, and the algorithms can learn only from past performance.