Citi Survey: Hedge fund profits off 30% due to poor performance in 2014

Citi’s report, formerly known as the Hedge Fund Business Expense Benchmark Survey, is based on proprietary analysis and detailed responses from 149 hedge fund firms that collectively represent USD 581 billion in industry AUM, or 19.8% of total industry assets.

This content is reserved for our licensees.

Log In Register

State Street Global Advisors lowers fees on 41 SPDR ETFs

State Street Global Advisor announced that it has lowered the management fees on 41 SPDR exchange-traded funds (ETFs), including those investing in a wide range of international and domestic asset classes, effective immediately.

This content is reserved for our licensees.

Log In Register

Marcello Pasquatti, 17-year veteran at MFS in Brazil, joins Pimco in Miami

Pasquatti, who began working for MFS in 1997 on the international sales desk, will be reporting to Alec Kersman, executive vice-president, head of Latin America & the Caribbean.

This content is reserved for our licensees.

Log In Register

Fitch appoints Peter Shaw head of Latin America

Fitch Ratings has announced the appointment of Peter Shaw (photo), managing director, as head of Latin America. Most recently, Shaw was the regional credit officer for Latin America, a position he assumed in December 2010. He previously managed Fitch's Latin American Financial Institutions group.

This content is reserved for our licensees.

Log In Register

Morgan Stanley: High-net-worth investors predict positive 2015 on strength of US economy, tech and biotech stocks

Morgan Stanley Wealth Management’s semi-annual Investor Pulse Poll found that the wealthy see their best opportunities coming from the US, in technology stocks, and in equities in general.

This content is reserved for our licensees.

Log In Register

March Gestión hires Lorenzo Parages as head of business development

March Gestión seeks to expand its business in Germany, Austria, Spain, Italy, Luxembourg and the UK in Europe as well as in Latin America.

This content is reserved for our licensees.

Log In Register

Threadneedle to be rebranded as Columbia Threadneedle Investments

The change, due to come into effect in the first half of 2015, is designed to reflect the increased crossover between Columbia Management and Threadneedle, both of which are owned by Ameriprise Financial.

This content is reserved for our licensees.

Log In Register

iShares captured 31% of global ETF industry flows in 2014

Driven by its US and European product lines, the firm captured 31% of the total USD 331 billon in global exchange-traded-fund (ETF) market flows in 2014.

This content is reserved for our licensees.

Log In Register

Nuveen’s Bob Doll releases his much-watched10 predictions 2015

Doll’s Ten Predictions have long served as thoughtful guides to issues investors should consider as they work with their financial advisors to build strong portfolios.

This content is reserved for our licensees.

Log In Register

Russell Investments: Global squeeze play continues as central bankers embark on diverging paths

"As high valuations persist, especially in the US, and yields remain low, due to historically unorthodox easing policies from global central banks, investors are faced with a challenge to achieve their real goals in a low-return world, often squeezing many to riskier assets," said Jeff Hussey (photo), Russell's global chief investment officer.

This content is reserved for our licensees.

Log In Register