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The major American stock indexes have recovered from the downturn of the Great Recession – and then some. Built on the back of improved fundamentals and technology trends that continue to drive valuations and economic gain, equities are flying high these days. And at the crest of the rising tide is the Nasdaq-100 Index: the definitive index that captures the breadth, diversity, innovation and value of technology stocks today. »

Peer-to-peer business lender Assetz Capital has revealed that over GBP50 million has been invested into its Innovative Finance ISA (IFISA) since its launch at the beginning of the year. »

PTL, a professional trustee and governance services provider, has appointed Karein Davie as the newest Client Director to join the firm’s Birmingham office. »

Audit, tax and consulting firm RSM has appointed Rob Gordon as a risk assurance partner to lead its financial services internal audit and assurance offering in London and the South East. »

SimCorp, a provider of investment management solutions and services to the global financial services industry, has announced a raft of enhancements and developments of its flagship investment management software solution, SimCorp Dimension. »

State Street Global Advisors has launched the SPDR S&P US Communication Services Select Sector UCITS ETF [LSE: SXLC LN ($) & GXLC LN (£)].  »

Aussie-based Contango Asset Management and Californian-based WCM Investment Management have jointly launched an ETMF (an exchange traded managed fund) the WCM Quality Global Growth Fund for Australian investors which gives them exposure to stocks such as Shopify, the e-commerce platform which powered the launch of Kylie Jenner’s makeup line. »

Global wealth manager UBS Group has become the latest member of the Climate Bonds Initiative Partners Programme.   »

Charles River Development and Broadridge Financial Solutions have formalised a business alliance to enable better integration with the SWIFT network in the Charles River Investment Management Solution (Charles River IMS). »