The world’s largest asset manager said it will buy online wealth management firm FutureAdvisor.
Category: News
Aviva Investors names Taiwan head
The firm has appointed Lian Yang to head its Taiwan operations, replacing Vina Cheng.
PineBridge hires VP for institutional business
PineBridge Investments has poached BlackRock’s Alfred Lee to serve as vice president for institutional business development.
A few bulls left after China shock
Apple’s 11% decline led the fall as US stocks followed Europe and Asia down. But amidst the selling there were some asset allocators that saw more reasons for positivity than for panic.
Some QDII funds facing shutdown
Manulife Teda will decide on liquidation of its QDII, highlighting the general underperformance of the QDII vehicle.
RBC GAM appoints APAC head
RBC Global Asset Management has appointed former Deutsche AWM managing director Ken Tam to serve as head of Asia.
Swiss-Asia expands to target growth in financial entrepreneurs
Swiss-Asia Financial Services (Swiss-Asia), a Singapore-based independent asset management company, said it plans to expand its operations to meet the rising demand coming from entrepreneurial finance professionals.
The FSA Spy market buzz 21 08 2015
Movements spotted at Invesco, Julius Baer, JP Morgan and Jupiter; Big change at Aberdeen; Allianz and Fidelity campaigning around Singapore and much more.
AmInvest launches volatility-focused feeder fund
The Malaysian firm has launched a feeder fund that aims to invest in global equities and protect investors from market volatility.
MGIM: Weaker yuan a tool to fight deflation
China’s recent move to weaken the currency was not to boost exports but to address the governments worries over deflation, according to Momentum Global Investment Management.
