RBC wealth unit Q2 income down 3%
The wealth management business of Royal Bank of Canada (RBC) has registered a net income of C$271m for the second…
ByMonth: May 2015
BNY Mellon introduces US multi-asset fund for European investors
BNY Mellon Investment Management has rolled out a Ucits-compliant Dynamic Total Return fund, aimed at European investors.
ByUSA ranks first in the world for competitiveness in annual IMD study
The USA remains as the worlds top most competitive economy as a result of its strong business efficiency and financial…
ByBordier UK names new business development manager
Asset management firm Bordier UK has hired Paola Forsberg as its new business development manager.
ByETFs surpasses mutual funds as preferred investment vehicle by financial advisors: survey
As an investment vehicle that advisors use and recommend, exchange-traded funds (ETFs) now surpass mutual funds in popularity, according to…
ByUS strikes deals with four Swiss banks on tax evasion
Four Swiss banks have forged deals with the US Department of Justice to avoid possible prosecution for helping American citizens…
ByAustralian investor opens family office to welcome outsider money
A Melbourne-based investor and entrepreneur Peter Scanlon has opened up his family office to welcome investments from outside wealthy families.
ByBlackRock appoints head of Australian fundamental equities team
Fund manager BlackRock has appointed two senior investment professionals, Charlie Lanchester and Madeleine Beaumont, in its newly created Australian fundamental…
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