Fed Might Take Backdoor Approach to Interest Rate Hike: Bill Greiner
Rather than raising the discount or fed funds rate in coming months, the Federal Reserve might strike somewhere else first, the investment strategist says.
Mariner Acquires RIA Vantage Investment Advisors
Mariner Wealth Advisors expands its Northeast presence with acquisition of Pennsylvania-based RIA firm Vantage Investment Advisors.
New Hire Roundup: Principal Financial Names Houston President, COO
Meanwhile, iCapital Network has added a senior vice president and vice president of fund manager due diligence.
New Hire Roundup: Barclays Taps Bhargava to Head Wealth, Investment Management
In another personnel move, Michael McKeigue has joined Montage Investments as managing director of the national accounts team.
Mariner Holdings Acquires Flyover Capital
Mariner's newest acquisition, Flyover Capital, will provide access to investment opportunities in early-stage technology companies in the Midwest.
Mariner Holdings Buys Allied Business Group
The deal will allow Mariner to provide more services, like implementing business exit strategies and advising on private investment opportunities, to HNWs and business owners.
Top Portfolio Products: Van Eck to Subadvise Market Vectors’ China A-Share ETF
Also new this week are two funds from Thornburg Asset Management, four funds from American Independence and a new AICPA tax calculator.
Top Portfolio Products: Low-Volatility Fund, More Admiral Shares From Vanguard
Neuberger Berman, Convergence and Larkin launch new funds, while Invesco changes indexes for and renames 10 ETFs.
Top Portfolio Products: Fidelity Launches Two New Bond Funds
Palmer Square introduces alternative-income fund, as Thornburg rolls out R6 share class