Products

Endgame for Norshield investors, but mystery remains

Investors in what was once reputed to be a billion-dollar Canadian hedge fund manager may get five to seven cents on the dollar for their investments. The “guiding minds” behind Norshield face regulatory sanctions as well as civil litigation. But a veil of mystery remains around where $472 million in investor assets actually ended up. […]

By Scot Blythe |March 16, 2010

5 min read

Citi creates ETF team

Jeffrey McCarthy is bringing his experience in ETFs from Brown Brothers Harriman to Citigroup. McCarthy will serve as Citi’s Global ETF Product Head in its Securities and Fund Services business and will oversee product innovation, market development and provide end-to-end servicing solutions. At Brown Brothers Harriman, McCarthy was the Global ETF Product Manager. Citigroup is […]

By John Powell |March 15, 2010

1 min read

Eaton Vance to enter ETF market

Eaton Vance is the latest mutual fund company to jump on the ETF bandwagon. Founded in 1924, the Boston-based company has filed with the Securities and Exchange Commission in the U.S. signaling its intent to enter into the ETF marketplace. Eaton Vance plans to launch five actively managed ETFs which will target the investment-grade U.S. […]

By John Powell |March 9, 2010

1 min read

FTSE Group teams with Hua An

Global index provider FTSE Group has agreed to allow Hua An Asset Management to use the FTSE 100 as the index for an Exchange Traded Fund (ETF) on the Shanghai Stock Exchange. The FTSE 100 is the leading blue chip index for the UK market representing approximately 85% of the UK market capitalization. “We are […]

By John Powell |March 8, 2010

1 min read