BNY

The move is a bid to gain more say over what advisors recommend to clients.

The BNY Mellon Womenomics Fund, which picks companies that hire and promote women, has beaten the benchmark Topix every year since its inception.

The bank has replaced dozens of high-cost offerings with more passive and enhanced actively managed products.

The former J.P. Morgan wealth executive will replace Don Heberle, who left his post at the end of March.

At least 14 executives have accepted posts this year leading wealth management and related investment services groups at several financial institutions, including HSBC, PNC Bank and Wilmington Trust. Find out who they are and what their new roles entail.

The executive will lead PNC’s wealth business beginning in June.

The bank’s asset management unit has approached ETF Securities and Global X in an effort to expand its lineup.

Trump’s call for tariffs on steel and aluminum imports, and subsequent worries of a trade war, have recently taken a toll on emerging markets investments.

Donald Heberle will leave his post at the end of March, a decision mutually agreed on by both Heberle and bank management.

The fund provides exposure to companies associated with cannabis, alcohol and tobacco.

Almost half of wealthy donors don’t have a strategy in place to guide their charitable giving.

They will incorporate trade data from as far back as 2014.

The breach follows other developments that have made offshore planning methods less attractive.

The wirehouses have lost teams overseeing more than $12 billion in client assets over the past month, according to recent hiring announcements.

Striking the right balance between humans and technology has become the holy grail for early adopters.

The acquisition is expected to provide access to a wide range of smart beta products.

BNY Mellon, DST Systems and State Street are among the firms recognized for their excellence and operational achievements.

Independent and regional firms have been maintaining strong appeal with new recruits.

The deal is part of the firm’s strategy to offer clients a focused set of specialist investment solutions.

These investments offered better returns than the broader fixed-income world in recent years, but the risk/reward equation leans heavier on risk.