Vanguard Asset Management has launched four new Irish-domiciled ETFs, adding to the existing range of five products launched into the European market in 2012.
Germany’s Feri EuroRating Services is preparing to hand out its annual award for fund innovations.
Vanguard Funds, the US funds house, is to launch a suite of Irish-domiciled exchange-traded funds (ETFs) to offer low cost access to diversified stock and bond investments.
Vanguard has appointed Simon Vanstone as head of its European institutional business, hiring him from Axa Rosenberg where he was European CEO and chief marketing officer.
The fund management industry must accept the need for change, says Tom Rampulla, managing director of Vanguard UK. In particular, he called for transparency and clarity on fees, as only if investors have that information can they make an informed decision on investments.
The Vanguard US Equity Index Common Contractual Fund (CCF) has been launched to give institutional investors access to underlying US equities without paying local witholding taxes.
Investors should be wary of recent talk about new investment paradigms and the need for absolute return portfolios.
Forex trading platform opens in Europe, Vanguard UK launches fund of index fund range, Castlestone unveils first precious metal Ucits fund
Investors are worried about the risks still being faced by the eurozone following the financial rescue of Greece, Ireland and Portugal.
Vanguard is to recruit extra staff to support expanding business in Europe with London as the European hub.
J.P. Morgan Asset Management (JPMAM) has made a senior hire from AllianceBernstein to lead its Netherlands institutional business.