Morning market wrap: US bond yields spike higher

As the active exchange-traded product (ETP) market continues to grow, new Rainmaker Information research asks whether demand has genuinely improved or if it is underpinned by conversions from three investment managers delivering "three exceptional months of work"?

Aaron Binsted will join Schroders Australia in early November as a portfolio manager and analyst after 24 years at Lazard Asset Management.

IFM Investors has opened its first office in Singapore to capture growth opportunities in a region "under allocated" by institutional investors.

High-net-worth investors' (HNWIs) increasing demand for philanthropy vehicles with robust governance, a clear mission and can outperform in equal measure is helping fuel the rise of endowment funds such as the Aspect Impact Fund.