"Our clients asked us to apply our investment expertise to exchange-traded funds," said Michael Crinieri, GSAM's global head of ETF strategies. “We believe ActiveBeta ETFs create solutions for them and capitalize on our global reach and deep knowledge of the markets.”
Matthews gains long-term stability as Mizuho Financial buys 16% stake in Asia specialist firm
September 30, 2015 by
"Mizuho’s investment will help ensure continued long-term stability of ownership while retaining our independence," said William Hackett, chief executive officer of Matthews Asia. Mizuho, headquartered in Tokyo, is Japan's second largest financial-services group, with assets in excess of USD 1.6 trillion.
BofA Merrill manager survey finds deterioration in global outlook
September 18, 2015 by
"Contrarians will be noting the aggressive underweight positioning in emerging markets,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research.
Aberdeen continues alternatives push with new UCITs launch
September 1, 2015 by
The fund launch builds upon Aberdeen's efforts to diversify its product lineup, which it has also done via the acquisitions of Arden Asset Management and Flag Capital Management.
BofA Merrill: Weakening outlook for global economy amid China fears
August 22, 2015 by
“Investors are sending a clear message that they are positioned for lower growth in China and emerging markets,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research.
Morgan Stanley’s Latam wealth clients now need minimum of USD 500,000
August 22, 2015 by
Morgan said that clients with less than the USD 500,000 minimum will be serviced through an international call center, beginning in January 2016.
Deutsche adds to suite of international currency-hedged ETFs
August 21, 2015 by
“As a European-based bank, we have been able to leverage our local insight to offer the most comprehensive suite of currency-hedged international equity ETFs in the US,” said Fiona Bassett, head of passive products in the Americas.
Morgan Stanley hires ex-RBC director to run its Coral Gables office
August 16, 2015 by
Seigal was hired to help grow the group's offshore platform and is taking over from José Salazar. He will work alongside Kevin McCarty, Morgan Stanley's Miami complex manager.
Fitch cites Brazil’s ‘deterioration’ in lowering of BTG Pactual’s rating outlook
August 16, 2015 by
The downgraded outlook reflects a change in Fitch's view on BTG's acquisition of BSI, a private bank headquartered in Switzerland, due to the significant deterioration in Brazil's operating environment.
Aberdeen continues US expansion with Arden buy
August 16, 2015 by
"Institutional investors are looking to hedge fund solutions to offer risk-return profiles not available via mainstream strategies and traditional asset classes," said Aberdeen's chief executive officer, Martin Gilbert.
