Dynamic Planner has boosted specialist expertise in its Proposition Team with the appointment of Steph Willcox as Head of Actuarial Implementation.
Wealth Enhancement Group, an independent wealth management firm, has acquired Lighthouse Wealth Management, an independent hybrid registered investment adviser (RIA) with USD446 million in total client assets.
Ross Klein (pictured), Founder and Chief Investment Officer at Changebridge Capital, writes on the potential effects of a proposed tax law change in the US on ETFs.
Assets in discretionary model portfolio services rose in 2020 but growth rates have slowed in 2021. Most firms, however, still saw solid gains with overall growth in line with the FTSE All Share, according to NextWealth's latest MPS Proposition Comparison Report.
Nearly half of UK investors believe they have become more risk-averse since the beginning of the Covid-19 pandemic, new research from FJP Investment has revealed.
Advisor Group adds four financial professionals with USD259m in total client assets to Royal Alliance Subsidiary
Advisor Group, a US network of independent wealth management firms, has recruited four independent financial professionals who oversee a collective USD259 million in total client assets to its platform.
Franklin Templeton has launched the Franklin K2 Cat Bond UCITS Fund and Franklin K2 Athena Risk Premia UCITS Fund, the latest additions to its Luxembourg-domiciled Franklin Templeton Alternatives Funds (FTAF) range.
JPMorgan Chase is to acquire Nutmeg, a UK-based independent digital wealth manager which serves over 140,000 investors and manages in excess of GBP3.5 billion in assets.
Independent Wealth Planners (IWP), a UK group of independent financial advisers, has acquired Omnium Capital Limited.
Space and aviation were the focus this week, with the listing of the US Global Jets UCITS ETF (JETS) on the HANetf platform, delivering exposure to the commercial airline, airline manufacturing and terminal service industries. HANetf also launched a new ETF on Xetra providing investors with access to companies in the space industry and satellite technologies sectors, plus a fund focused on sports betting and iGaming. New tech funds included an Invesco ETF aiming to track technology companies in China, with a focus on innovative tech rather than computer hardware and software businesses. ETFMG also issued two leveraged ETFs giving investors exposure to travel technology. Over in the US, BMO Investments launched the BMO US All Cap Equity Fund ETF Series, providing long-term capital growth by investing in equity securities of US companies of any size of market capitalisation, and Syntax Advisers listed the Syntax Stratified US Total Market Hedged ETF on NYSE, offering an alternative to cap weighted and equal weighted index products through a suite of ETFs covering US LargeCap, MidCap, SmallCap and US Total Market exposure.