Top Portfolio Products: ProShares and Cambria Launch ETFs
Advisors skittish about European stocks may want to consider ProShares' new European ETF, which invests in companies that consistently increase their dividends.
New Hire Roundup: Mercer Investments Adds 4
Also in personnel moves, Cathy Clauson joins AssetMark, and Tonnie Wybensinger joins the Financial Services Roundtable.
BRICS Futures Exchange Draws Light Traffic on First Day
Futures trades based on cross-lists of BRICS exchanges began trading on Friday, but interest in the new opportunity was light on its first day.
Schroders Buys Fund of Funds Platform
LONDON (HedgeWorld.com)--Schroders plc is significantly expanding its hedge fund business through the acquisition of NewFinance Capital, which has US$2.5 billion across six funds of hedge funds. Schroders executives announced the acquisition yesterday (Feb. 21) in the company's earnings results, saying the acquisition price would total US$101 million initially with another...
Schroders Hires Fund Analyst
LONDON (HedgeWorld.com)--Schroders plc hired Stephen Greene as a new analyst covering fixed-income and global macro hedge funds. Mr. Greene previously was a senior analyst at International...
Schroders Aims Higher with Blue Mountain
LONDON (HedgeWorld.com)--Schroders plc launched its third hedge fund of funds, an aggressive multi-strategy fund called Schroders' Alternative Investment Fund Blue Mountain. The managers of the fund...
Schroders Launches Alternative Strategies Fund
LONDON (HedgeWorld.com)--Schroders plc launched a multi-strategy hedge fund of funds that is tax efficient for U.K. investors on Sept. 1. The SASF-Diversified Fund targets an absolute...