Latest News - Vicky Ge Huang
BNY fusiona Mellon, Standish y Boston para crear firma con $560.000 millones en activos
El nuevo negocio estará basado en Boston.
Citi fund selector joins Wells Fargo
Haynes will report to Chris Guerrieri, head of Wells Fargo Asset Management’s investment strategies team and be based in the firm’s Wilmington, Delaware office.
BNY merges Mellon, Standish and Boston to create $560bn powerhouse
The new business will be headquartered in Boston and led by chairman and chief executive Des Mac Intyre, who is currently chief executive of US asset management at BNY Mellon IM.
State Street CEO to step down
State Street chief executive Jay Hooley is to retire by the end of 2018 but will remain as chairman throughout 2019
Bond giant Gundlach latest to bash bitcoin mania
US investor joins JPM chief in criticising cryptocurrency.
UBS goes all in on sustainable investing
The Swiss bank said it has already committed more than $1 trillion to focus on sustainable investing strategies, a third of its total global assets under management.
Texas firm to launch 'Make America Great Again' ETF
The fund, which would trade under the ticker MAGA, will invest in stocks that support the Republican Party
Central banks’ old-school tactics risk another recession, says Bill Gross
Janus Henderson's Bill Gross believes the gluttony of central bankers in the post-Lehman era has put global economies in danger and they need to change their methods.
DoubleLine sues Brazilian conglomerate Odebrecht over bond losses
Starting in June 2015, following the arrest of the conglomerate's chief executive, Marcelo Odebrecht, the price of the firm's bonds sunk to 30% or less of their face value.
Fed raises rates and lays out plan to shrink $4.5trn bond portfolio
(UPDATE: adds portfolio manager reaction). The Federal Reserve has raised the benchmark interest rate by 0.25% for the second time in 2017.