Asset management

China Stock Connect three years old

The trading link between the Hong Kong and Shanghai bourses celebrates its third birthday tomorrow. Shanghai-Hong Kong Stock Connect brought China a controlled mechanism to open up its capital markets. Mutual access between the Mainland and Hong Kong stock markets was subsequently expanded with the...
Invesco PowerShares hires Stern

Invesco PowerShares, the world's fourth-largest provider of exchange-traded funds (ETFs), has hired Raphael Stern as Head of Portfolio Management EMEA. The hire reflects PowerShares' commitment to growing its market share in the UK and continental Europe in the wake of its recent acquisition of ETF...
BNY Mellon IM to Launch multi-asset manager

BNY Mellon Investment Management has today announced that it will launch a specialist multi-asset investment manager in 2018. It says the new business will combine BNY Mellon's three largest US investment managers Mellon Capital Management (MCM), Standish Mellon Asset Management (Standish), and...
Iwi/Māori fund attracts NZ$100 million

New Zealand's Super Fund government savings vehicle reports that indicative commitments of up to NZ$100 million have been made by iwi, pan-tribal organizations, Māori land trusts and Māori incorporations to a proposed Iwi/Māori Direct Investment Fund. The fund, which will help the...
New names at SSGA


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