Citigroup said on Friday that its Asia Pacific arm will be offering 6,000 jobs to young people in the region over the next three years, as youth unemployment figures rise amid the COVID-19 pandemic.
Asset manager Natixis launched a slate of semi-transparent exchange-traded funds, joining rival firms flocking to the new investment vehicles as they compete for capital in the growing ETF market.
The Singapore Exchange on Thursday unveiled the listing of the world’s biggest exchange-traded fund to invest solely in Chinese government bonds, aiming to capitalize on investors’ accelerating demand to access opportunities in the second-largest bond market on the globe.
TD Asset Management added to its lineup of sustainable investing options on Thursday with the launch of two new mutual funds focused on creating wider access to the growing trend of green finance in Canada and throughout North America.
Invesco on Wednesday unveiled three defined-maturity fixed-income exchange-traded funds that will last through 2030, the latest offerings for its BulletShares lineup, which is meant to provide investors with choices that act similar to individual bonds.
Vanguard Asset Management’s Canadian arm has rolled out a new exchange-traded fund designed to pay steady monthly income to retirees, a product the company said could help investors manage risk and avoid outliving their savings.
Vanguard Group revealed on Tuesday that it voted against compensation of top executives at Uber and Alphabet this year, arguing their pay did not adequately reflect the tech companies’ performances.
Fintech MoneyLion will begin tailoring its investment options to customer preference with the launch of its thematic investing portfolios, which include clean energy, artificial intelligence and social responsibility.
BMO Investments launched four new sustainable funds, creating new options for retail investors interested in low-risk sustainable investing, as it catches up on the surging environmental, social and governance trend. Correction: A previous version of this story misstated the number of BMO's existing sustainable funds and the total assets BMO Financial Group had under management. The errors have been corrected.
TZERO , an alternative trading system based on blockchain technology, will begin dealing stocks and other securities directly to retail investors later this year after U.S. officials allowed it to run a brokerage division.
BlackRock on Wednesday launched three exchange traded funds of varying volatility structured to consider environmental, social and governance factors, continuing one of the most persistent investment trends of the past year.
Silver Lake on Wednesday agreed to invest INR 75 billion ($1.02 billion) into India’s largest retail business as conglomerate Reliance Industries accelerates its subsidiary’s already dominant presence throughout the country.
Royal Bank of Canada’s asset management arm debuted four new sustainable exchange-traded funds, expanding its roster of environmental, social and governance-oriented investment products to meet rising demand.
Retail investors will be able to gain exposure to collateralized loan obligations through a new exchange-traded fund launched Wednesday by Alternative Access Funds.
Vanguard launched a new exchange-traded fund on the London Stock Exchange, providing European investors with a safe haven for capital should pandemic-related volatility continue to create market tremors.
Hang Seng Investment Management launched the Hang Seng TECH Index ETF on Friday, a move that aims to allow investors to capitalize on the growth potential of specific technology sectors in Hong Kong.
The U.K. on Thursday began a new analysis, undertaken every five years, of its government-backed terrorism reinsurance fund, with an eye toward effectiveness and strategic direction amid continued expansion in the private market.
J.P. Morgan Asset Management said on Wednesday that it will slash fees for several target date funds, a move that comes amid a long-term trend of falling fund costs for investors.
Citigroup’s China arm said on Wednesday that it has received a domestic fund custody license from Chinese regulators, making it the first U.S. bank to receive such a license.
Morgan Stanley will close its $6.1 billion Global Opportunity Portfolio to new investors on Dec. 31, a move the firm said Monday would help keep the mutual fund competitive for its current shareholders.