All articles by Verdict Staff
Verdict Staff
Target-date mutual funds have better investor returns than other investment categories: Morningstar
The asset-weighted average investor returns of target-date funds, which take fund flows into account to estimate a typical investor’s experience in a fund, are 1.1 percentage points higher than the funds’ average total returns, according to the 2015 Target-Date Fund Landscape Report by Morningstar.
Hedge funds add $7.2bn in February: report
The hedge fund industry took in $7.2 billion (0.3% of assets) in February, the strongest inflow in the past six months and a turnabout from Januarys outflow of $11.2 billion (0.5% of assets), according to a report by BarclayHedge and TrimTabs Investment Research.
Client One Securities selects First Rates wealth management solution
Client One Securities, a full service broker dealer and registered investment advisor, has chosen First Rates ARKON as its integrated wealth management solution.
BPV Capital Management acquires Cain Brothers Asset Management
Tennessee-based BPV Capital Management has bought Cain Brothers Asset Management (CBAM), a Florida-based institutional investment manager.
Oddo & Cie acquires Meriten Investment Management
French asset manager Oddo & Cie has bought Germany’s Meriten Investment Management from BNY Mellon, creating an asset manager that will manage assets worth over EUR40bn.
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Focus Financial adds Fiduciary Group to its network
Focus Financial Partners has added Fiduciary Group, a $600m registered investment adviser based in Savannah, Georgia, to its network.
Volatility drives affluent investors from equities: Spectrum Group
Market volatility as well as a stormy political climate are driving affluent investors back to the sidelines, according to a new Spectrem Group investment preferences survey.
Infrastructure sukuk challenge significant but achievable endorsement policy: Fitch
The G20 group of nations’ decision to examine the use of sukuk to finance infrastructure investment could eventually spur a big increase in the size of the market, said Fitch Ratings.
Vantage launches $100m SMSF-ready private equity fund
Vantage Asset Management has launched a new $100m private equity fund of funds to improve self-managed super fund (SMSF) investors’ access to the asset class.
Sunset clause brings income worries for advisers: Intelliflo
With one year to go until trail commission is switched off, a survey with 196 users of Intelliflos adviser-specialist software, Intelligent Office (iO) has found that trail commission remains an important aspect of business income for 93% of them.