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Showing 11 - 20 of 282 results for "Mutual fund"

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the China Securities Regulatory Commission (CSRC) is proposing ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
Tokenisation can save the asset management industry US$135 billion in back office and administrative costs that drain the bottom line, a new study from Calastone found. The survey of 26 asset managers from Asia, the UK, US and Europe expressed their ...

Goldman Sachs AM nabs Fidelity veteran

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Goldman Sachs has confirmed that Sabrina Gan has joined the client solutions group as a managing director and head of third-party wealth in Southeast Asia. Based in Singapore, Gan will focus on driving growth with our third-party wealth clients across ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... (US$45m) penalty. Elsewhere, in its third action, the SEC found that over a two-year period JPMS recommended certain mutual fund products - known as Clone Mutual Funds - to retail clients despite significantly cheaper ETFs that offered the same portfolios ...

Rest chief investment officer departs

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... investment officer. Lill joined Rest from Morningstar Investment Management where he had been responsible for the Americas mutual fund and managed portfolio operations. Prior to that Lill served as chief investment officer of Morningstar's Asia Pacific ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
The US securities watchdog fined Macquarie Asset Management (MAM) US$80 million after a subsidiary fudged the valuations of collateralised mortgage obligations (CMOs) within a fixed income strategy. Macquarie Investment Management Business Trust (MIMBT) ...

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... the retail market-asset classes, such as alternatives. Others will do so by translating their capabilities to non-mutual fund vehicles, be it ETFs, fund models, separately managed accounts, direct indexing programs or other private structures," the report ...

Northern Trust Asset Management hires head of global ETFs, funds

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... of global ETFs and funds. Reporting to NTAM global head of product Paula Kar, Abner will be responsible for NTAM's mutual fund and ETF product strategy, research and development, product management, and capital markets, and fund services oversight and ...

Major themes to watch in the ETF space

ELIZA BAVIN  |  THURSDAY, 23 MAY 2024
ETFs are set to see a surge in interest around gold, artificial intelligence (AI) and infrastructure listings, according to experts speaking at the inaugural Financial Standard Future Investing Forum this morning. Global X chief executive Evan Metcalf ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... came from actively managed strategies. In the last year, US-based assets jumped by 21%. Across Europe and the UK, mutual fund values were 16% and 14% higher respectively. Mutual fund assets in Australia and China jumped by 18% in local currency terms ...