Hints and tips:
Related Special Reports
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...Normal service will resume on Monday April 8. ‘What sense is being a billionaire if you’re not a bully?’...
...Both Blackwater and PwC said one reason for mutual fund managers’ change of heart was the rapid rise of actively managed ETFs in the US....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...Still, their recent inflows have been overshadowed by outflows from active mutual funds....
...BlackRock Riyadh Investment Management will be a wholly owned subsidiary of the $10.5tn US asset manager....
...ETF sponsors do not have to invest in the same level of back office customer service, so their costs can be lower than traditional mutual funds....
...“This is one of the most fundamental changes in the asset management market,” he said, noting that in the US mutual funds shed about $800bn in assets last year, while ETFs gained about $800bn, with active...
...lawyer in Australian rugby league that provided the blueprint for the Barings raid, which has given Weightman a whole team of private credit experts for his nascent investment business Corinthia Global Management...
...There are more than 15,000 registered investment advisers in the US, according to the Investment Adviser Association, of which more than 60 per cent provide asset management services for individuals....
...The US ETF industry now has a record $8.9tn of assets under management....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...Asset managers such as Dimensional Fund Advisors — which has a fast-growing ETF business but still runs most of its assets under management in mutual funds — think it has made “a very thoughtful case” for...
...“They are not coming from our mutual fund line-up....
...Investors have withdrawn about $1tn from mutual funds in that time....
...“This is one of the most fundamental changes in the asset management market,” he said, noting that mutual funds shed about $800bn in assets last year, and ETFs — not coincidentally — gained . . . $800bn....
...The trend is less advanced in Europe, where ETFs have no tax advantage over mutual funds....
...McClain notes: “There’s definitely a mismatch with intraday liquidity of ETFs, or daily liquid mutual funds, and many of the asset classes that are being invested in fixed income.”...
...The result is likely to be a significant decline in mutual fund usage,” wrote Rick Wurster, president of Charles Schwab, the broker and mutual fund sponsor....
...Swing pricing was shouted down by the asset management industry last year....
...Net new business of £23.1bn from wealth management, private markets and solutions was offset by outflows of £13.4bn from mutual funds and institutional mandates....
International Edition