"Openfunds," developed jointly by UBS, Credit Suisse, Julius Baer, Fundinfo AG and others, provides a widely accepted standard for efficient fund data transmission, says Michael Partin, Openfunds committee member and CIO of Fundinfo.
Institutional risk-management strategies need urgent overhaul, finds AllianzGI RiskMonitor
June 23, 2016 by
Neil Dwane, global strategist at AllianzGI said that that two-thirds of institutions are calling for innovative new strategies to help balance risk-return trade-offs, provide greater downside protection and replace traditional approaches to risk management.
Morgan Stanley opens third Miami office dedicated to Latin American wealth management
June 23, 2016 by
James Jesse, head of International Wealth Management, said he considers the "meeting the offshore-wealth-management needs of Latin American clients" to be a significant growth opportunity. Most of the 22 advisors at the new office are former Credit Suisse employees.
Allianz completes acquisition of Rogge Global Partners
June 8, 2016 by
Consistent with AllianzGI’s previous integrations, the distinct dynamics and processes of Rogge's 30-year-old investment philosophy will be maintained within AllianzGI’s global investment platform.
Hartford Funds partners with Schroders to expand investment platform
June 7, 2016 by
“This relationship will allow us to expand the breadth of our investment capabilities and continue to deliver quality solutions to US investors, both now and in the future,” said Jim Davey, president of Hartford Funds.
Credit Suisse to shutter Panama private-banking office
May 26, 2016 by
The bank said the closure was unrelated to the recent Panama Papers leak, noting that is remains committed to the region via its presence in Mexico, Brazil and Chile.
Deutsche’s Latin America CEO to step aside as Grelle is promoted
May 26, 2016 by
Bernardo Parnes, chief executive officer of Latin America operations at Deutsche Bank AG, is planning to leave the firm, handing off oversight of the Brazil unit to Renato Grelle.
Natixis survey finds affluent US investors don’t understand risks behind passive investing
May 26, 2016 by
Natixis's survey found that 64% of investors think index funds will help minimize losses, 69% believe index funds offer better diversification, and 61% believe index funds provide access to the best investment opportunities in the market.
Santiago Arias assumes control of institutional distribution at HMC Capital
May 26, 2016 by
Santiago Arias will lead the business of fund distribution that HMC has built over the last three years, particularly in the area of private equity, a strong suit for the ex-PineBridge Investments manager.
VanEck, Ned Davis team up to offer tactical asset allocation solutions
May 18, 2016 by
“The VanEck NDR Managed Allocation Fund will be just the first offering in what we expect will be a series of VanEck tactical fund solutions," said VanEck’s president and CEO Jan van Eck.
