latestnews

Inflo, a developer of technology for the audit process for accountants and their clients, has strengthened its senior management team with two key appointments as the company invests in developing its international network. »

Risk-on sentiment bolstered hedge funds’ returns last week with Lyxor’s Global Hedge Fund Index up 0.3 per cent. The most directional strategies outperformed, including L/S Equity along with Special Situations strategies.   »

BlackRock’s results for the second quarter of 2018 reveal USD20 billion of total net inflows, positive across active, index and cash management. »

InfoHedge, a financial services-focused private cloud & managed services provider based in New York City, is to become a separate division within managed services provider Thrive. »

MV Index Solutions has launched the MVIS Global Video Gaming and eSports Index (Ticker: MVESPO, MVESPOTR). »

ETF provider ProShares has launched the first ETF investing only in retailers principally selling online or through other non-store channels. »

The Pro Sports Sponsors ETF, FANZ, has reached its first birthday having beaten the S&P, with performance of 17.09 per cent since inception. The ETF is a joint venture between ETF white label firm Exchange Traded Concepts, LLC (ETC and SportsETFs LLC. »

Hawksford has strengthened its executive management team with the appointment of Eric Dolan as Head of Governance Risk and Compliance (GRC). Based in Jersey, Dolan has overall responsibility for the Europe, Middle East and Africa (EMEA) region. »

Tiller, a new online wealth manager offering actively managed funds and themed investment baskets alongside low-cost passive investment products, has launched.  »

Australia’s ETF industry powered through another month of growth, finishing the first half of the year at a new record high of AUD39.2 billion in funds under management, according to the BetaShares 2018 Australian ETF Half Year Review. »