Hints and tips:
...Vanguard’s move is the latest illustration of how the biggest shops are starting to look a bit more alike. Where are Hong Kong’s tech unicorns?...
...Jeroen van Zundert has joined from Robeco as a quantitative researcher, while Nick Pierce, formerly head of fixed income in Europe for Vanguard, is head of the investment process group at BlueCove....
...implications for the technology and consumer discretionary groups....
...However, company management has opposed the idea, saying it does not have the “requisite knowledge and expertise” to develop the technology....
...Rather than follow the long-held practice of offering every shareholder a vote for each share they held, the technology group’s initial public offering featured dual-class shares — giving some shareholders...
..., a US data analysis group focused on asset managers....
...Facebook v YouTube: contrasting approaches The music business has been intermittently at odds with technology platforms for decades, since digital piracy ravaged the sector’s traditional business model....
...Many companies will have time to work out a compromise: newly floated groups are not eligible to join the S&P 500 immediately....
...“The real concern for most companies contemplating an IPO isn’t the challenge of going public, it is the obligations and opportunities that come with being public,” said Lise Buyer, a partner at Class V...
...One ironic result will be to give Michael Dell, the Dell founder, a new group of public shareholders....
...Vanguard, the asset management group specialising in the kind of index funds that robos deploy, has a neat piece of research to make human advisers feel useful....
...more or less openly welcomed on to the shareholder register by the boards of Rolls-Royce and the UK’s Smiths Group ....
...In the next few years, journalism will redefine itself, largely through the power of technology....
...The group passed the milestone of $3tn under management this summer, and it has accumulated a record $185bn in net new assets in the US alone since the start of the year....
...The engines — powered by methane, a new propellant for US-built engines — will initially power a similar rocket to the Atlas V that ULA powers with Russian-built RD180 engines....
...Freemium v paid: Streaming competition swells YouTube is one of several Spotify competitors bringing streaming services to the market this year....
...Speaking to the lawmakers, Joseph Brennan, head of global equity index group at Vanguard, and Thomas Farley, president of the New York Stock Exchange, voiced support for a review of “Reg NMS.”...
...Warburg Pincus, the private equity group, has said it would like to acquire ETF businesses in Europe while Amundi, the French asset manager, has signalled its appetite to act in any consolidation wave....
...Analysts believe the company can survive with the return of such flow, and attention will focus in the coming days on whether other clients of Knight, such as Vanguard and E*Trade, return....
...(Financial Times) MSCI crashes after losing Vanguard: Shares in MSCI recorded their biggest ever fall after Vanguard Group said it would stop using the benchmark provider for 22 indexed funds, with a total...
...Knight Capital Group had a dual life....
...And BATS and Chi-X are of course at the vanguard of that process, with EuroCCP, the clearer....
...An independent advisory group to the European Commission, known as the Article 29 Working Group, is calling for more stringent regulation of social networks in order to protect users’ data....
...Xoma rose the most since April 2005, up 17.5 per cent to $2.68 after the drugmaker said it had licensed its antibody technology to Pfizer , the world’s largest pharmaceuticals group, for an initial $30m...
...Among sectors in the vanguard of this week’s rebound was energy, as oil prices hit nine-month highs....
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