Qatar’s New Diversification Fund Attracts Investors
If ever there were an example of investing internationally to reap the benefits of diversification, perhaps Qatar’s new venture is a shining example.
Enforcement: Nationwide to Pay $140M in 13-Year ERISA Settlement
In another action, the SEC charged the owner of a home restoration business with securities fraud for selling unsecured notes to investors.
New Hire Roundup: Envestnet Names Hardwick President of Advisor Services
Meanwhile, New York Life has appointed Kathleen Navarro its chief diversity officer.
Sweden’s Budget Could Unsettle Slow Economy
Sweden’s normally healthy economy slowed during the overall Great Recession, but rebounded in 2010 on strong exports and a profitable banking sector.
Top Portfolio Products: New Low-Carbon, Hedged EU ETFs
In addition to new products from SPDR and the Deutsche group, Henderson is launching a long/short equity fund.
SEC, DOL Enforcement: Fiduciaries Fined $4.7M Over Fake Health Plan
Also, co-owners of Reliance Financial Advisors charged with making false statements to clients investing in a risky hedge fund.
Oil Price Plunge Creates New Winners, Losers
Market shifts amid energy upheaval.
New Hire Roundup: SEC Names Pollock L.A. Exam Chief
Meanwhile, wealth advisory firm Presidio Group opens a new Washington office.
Top Portfolio Products: New York Life to Buy IndexIQ, Enter ETF Field
New Deutsche, Van Eck funds; plus, Incapital launches a platform for impact investing.
SEC Enforcement: Man of Many Aliases Charged With Stock Fraud
California man with several aliases was charged with fraudulently selling $900,000 worth of stock that he didn't actually own.