Investments

Matthews International Capital Management has launched an umbrella UCITS in Luxembourg comprised of three Asia-focused funds: Asia Dividend Fund, Pacific Tiger Fund and China Fund. It is the first time investors outside of the U.S. have had access to Matthews funds.

Acquisition broadens Genworth’s wealth management platform with alternative investments, including hedge funds.

Genworth Financial has agreed to pay $35 million, plus additional performance-based payments, to acquire alternative investments platform provider Altegris. The deal is expected to close at the end of the year.

The streamlining service handles sales of restricted shares.

Three of the new funds will invest in large-cap stocks.

Russell Investments and Parametric Portfolio Associates have pooled their resources in order to offer a new joint index that will be a “vital metric for investment decisions” in the future, the two Washington-based firms said Monday. The new ...

Report says technical wherewithal more important than ever as industry bounces back from financial crisis.

Expect moderate growth of 2%, led a gradual rise in consumer spending, private-sector investment and more spending by the federal government, at least until the 2011 tax season. That’s what Wells Fargo’s economic group is predicting for the near future of what it describes as a fairly boring recovery.

RiverPark Advisors has launched a new family of no-load open-end mutual funds, three of which will invest in large-cap stocks.

Center State Bank of Florida in Winter Haven seems to have entered the correspondent banking business at the perfect time.

Institutional investors’ outlook for global growth improved in the third quarter, with more than two-thirds, 68%, saying a double-dip recession is unlikely, a survey of 83 managers by Northern Trust Global Advisors found.

The mystery of why America continues to rely on foreign oil and contaminate its environment-and subsequently why the green industry holds the promise of becoming a $6 trillion market but remains speculative, volatile and fragmented-is answered in the intriguing book, "The Climate War: True Believers, Power Brokers and the Fight to Save the Earth" (Eric Pooley, Hyperion, 2010).

Asset held in exchange-traded funds increased 10.6% in September.

The platform can handle a wide range of products and models.

The Shanghai Stock Exchange will create exchange-traded funds based on depositary indices maintained by BNY Mellon.

A new book gives the traditional 60/40 investment approach a makeover.

Broker-dealer Investment Professionals Inc. (IPI) and wealth management research and technology provider FundQuest have launched an enhanced managed accounts platform called Private Asset Management.

After developing a new performance-reporting service among smaller firms, Morningstar rolls out its service for broker-dealers.

The idea of a bond bubble keeps bubbling to the surface. The argument is sound. Interest rates are at all time lows. In the bizarro world of bonds this means that prices are at all-time highs. Meanwhile investors spooked by the stock markets are pouring into bonds the way they poured into, well, real estate before 2008 and technology before 2000.

The fund gives investors exposure to China’s A-shares market.