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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.

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