The Dutch asset manager joins growing number of active managers to enter exchange traded fund industry
Industry lobby groups urge Brussels to set timetable for modernisation of securities market
Plus, CIA interrogation techniques, UK investors warming up to remuneration and nerves in French government bonds
ProcureAM’s $3mn FIXT fund, which invests in natural disaster recovery, has been unable to attract investors
Funds turn to external managers after other revenue sources faltered
The firm, which officially launched in January, has already taken stakes worth $5bn this year
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Investors pull £1.6bn from value funds in latest quarter before Ben Whitmore’s departure
Intergenerational risk-sharing is a much-touted myth
The process creates logistical problems for managers and their clients, some of whom do not have brokerage accounts
Fund managers wary of extra leveraged loans loaded on to companies but find few other attractive investments
Asset manager posts another quarter of net outflows amid ‘challenging’ conditions
Bonanza helped lift global September inflows to $141bn, keeping industry on track for record-breaking year
Forever and ether, amen
Rebalance was prompted by concerns over the continued growth of tech stocks such as Nvidia
Plus, China’s policy blitz, investors grab European equities, and Mica Ertegun’s collection
A quirky and opaque New York firm has rapidly expanded to become the most profitable trader of all
Former US secretary of state and climate envoy becomes co-executive chair of Galvanize Climate Solutions
If endorsed, and Britain moves to one-day settlement before the EU, UK ETFs would wait until the EU also moves
Proxy agencies and asset managers will still face scrutiny over their policies
The spaghetti cannon shoots again
Record 70% income haul from fresh money is shot in the arm for active fund industry
Millions of people have five-figure sums sitting in cash, in spite of inflation’s corrosive effects
Drag show
UK asset manager snaps up team from investment boutique in move that adds £800mn of assets
