The deal will provide a $2 billion boost to Russell’s retail and wealth funds under management (FUM), pushing it to $11 billion, and accelerate the growth of its wealth management business in ...
The Betashares S&P 500 Equal Weight ETF (QUS) has surpassed $1 billion in assets as investors look beyond the US’ Magnificent Seven stocks. The ETF provides exposure to 500 leading listed US companies ...
Industry Fund Services (IFS) has changed the name of its new advice licensing model following backlash from financial advisers last week over its use of the word ‘independent’. Early last week, IFS ...
Global asset manager Janus Henderson will acquire US-based multi-asset investment manager Richard Bernstein Advisors (RBA) in its first move since the firm’s own acquisition last month. Founded in ...
Global X is to launch an ETF focused on silver miners as the metal’s price passes US$100 for the first time. The Silver Miners ETF (SLVM) will provide access to a global portfolio of companies across ...
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