Money

Robeco names Maureen Beshar as head of its U.S. business

Robeco names Maureen Beshar as head of its U.S. business

Published 08/09/2017

Netherlands-based Robeco Institutional Asset Management B.V. said it appointed Maureen Beshar as head of its United States business, effective immediately. [more…]

Tilney names two new financial planners

Tilney names two new financial planners

Published 08/09/2017

British investment management firm Tilney Group has appointed Tyrone Samsonroy and Ben Gibson as financial planners at its London office. [more…]

UK wealth manager Rathbone says online allegations are baseless

UK wealth manager Rathbone says online allegations are baseless

Published 08/09/2017

Rathbone Brothers, the wealth manager that this month ended its pursuit of rival Smith & Williamson, said its share price fall on Friday had coincided with anonymous allegations made in an online discussion forum. [more…]

Investors pull $1.1 billion from stock funds, add $6.8 billion in money funds: Lipper

Investors pull $1.1 billion from stock funds, add $6.8 billion in money funds: Lipper

Published 07/09/2017

Risk aversion was on display this week given geopolitical concerns and uncertainty over North Korea as investors in U.S.-based funds pulled $1.1 billion out of stock funds in the week ended Sept. 6, and moved money into "safe haven" money-market and gold funds, data from Thomson Reuters' Lipper service showed on Thursday. [more…]

FINRA reverses policy on Brokercheck information, allows access to bulk data

FINRA reverses policy on Brokercheck information, allows access to bulk data

Published 07/09/2017

The head of the Financial Industry Regulatory Authority told a congressional committee on Thursday that FINRA overhauled its policy on allowing public access to information it has on brokers' professional and financial records and will allow the public to download the information in bulk. [more…]

U.S. firm backing ether-based ETF says to refile listing application

U.S. firm backing ether-based ETF says to refile listing application

Published 07/09/2017

The U.S. firm behind an effort to start an exchange-traded fund based on the cryptocurrency ether said on Thursday it planned to refile an application to list the security on Intercontinental Exchange Inc's NYSE Arca exchange after an initial filing was withdrawn. [more…]

Investors defend hedge funds amid rush to passive and private strategies

Investors defend hedge funds amid rush to passive and private strategies

Published 07/09/2017

Some big money investors are warning that the rush to cheap stock bets and private asset strategies at the expense of hedge funds may prove costly. [more…]

Column: Report card on aging nations gives U.S. mixed grades

Column: Report card on aging nations gives U.S. mixed grades

Published 07/09/2017

Which nations are doing the best job adapting to their aging populations? [more…]

Up to 70 Swiss private banks fighting for survival: KPMG

Up to 70 Swiss private banks fighting for survival: KPMG

Published 07/09/2017

Some 60 to 70 Swiss private banks are facing serious problems that could force them to close down or sell up, according to a study published on Thursday by consultancy KPMG. [more…]

Top investment banks` revenues rise in calmer markets: survey

Top investment banks` revenues rise in calmer markets: survey

Published 07/09/2017

Revenue at the world’s 12 largest investment banks rose in the first six months of 2017 thanks to a stronger performance in the underwriting of debt and equity issues compared with a year ago, a survey showed on Thursday. [more…]