Latest News - Vicky Ge Huang
Regulators give negative-fee ETF the green light
The Securities and Exchange Commission (SEC) has approved Salt Financial's negative-fee ETF, but analysts are skeptical that the cost alone will attract investors.
Neuberger Berman bond fund manager dies
Patrick Flynn, a 13-year Neuberger Berman bond manager, who specializes in high yield bonds and senior floating rate loans, passed away unexpectedly.
Bill Gross pulls $600m from his former Janus fund
Bond veteran's former strategy sheds assets following withdrawal.
Managers of $28bn fund to exit in major BlackRock shake-up
BlackRock has reshuffled senior management on a number of teams and plans to change the PM line-up on one of its biggest active fund, according to memos seen by Citywire.
Janus Henderson veteran Stephen Peak to retire
Peak, who joined Henderson back in 1992, is retiring in a reshuffle on Janus Henderson's European equity desk.
Jacob Rees-Mogg's boutique loses $225m US mandate
Somerset Capital Management has lost a $225.2 million (£172 million) mandate with Brown Advisory.
Fee pressure slashes asset manager margins to 2009 low
Global asset managers lost $29 billion (£22 billion) in unrealised profits as their operating margins shrank to 29% in 2018 from a post-financial crisis high of 34% in 2015, according to Casey Quirk estimates.
Vanguard founder and index fund innovator Jack Bogle dies
The godfather of indexing has passed away at age 89
JP Morgan Private Bank names new manager selection head
This will also see appointment of new heads of equity and fixed income research.
FTSE hits six month low as it joins other world indices in sell-off
The fall in the index comes after reaching a record high of 7,877 in May, and a dramatic sell off in other world indices yesterday.
Clientology: the battle to convince the IT crowd
Tech professionals may be stereotyped as nerds but as wealth clients they are efficient individuals who enjoy face-t-face meetings
Wealth firms failing to keep pace with rising cyber threats
Too many wealth firms either rely on outdated, manual processes to protect themselves or believe they are below the radar of malicious actors.
What's behind the big wealth client exodus?
The results of EY’s recent global wealth survey serve as a reminder that the customer is always king