Articles

  • 3 days ago | citywire.com | Ian Wenik |Tania Mitra |Andrew Foerch |Joe Duran

    Vanguard on Monday launched its first dynamic asset allocation fixed income model portfolios for advisors. Called the Vanguard fixed income risk diversification and the Vanguard fixed income total return, the models seek to outperform the Bloomberg US Aggregate Index and Bloomberg US Universal Index, respectively. They have been built for a range of time horizons and risk profiles.

  • 1 week ago | citywire.com | Andrew Foerch |Tania Mitra

    Independent brokerage giant Cetera Financial Group has laid off a ‘small’ number of employees, a company spokesperson confirmed. It is unclear how many people were let go and which departments got hit, but the spokesperson said that there was ‘little to no impact’ on advisor-facing roles. ‘As part of a strategic realignment to strengthen our long-term growth, we have made the difficult decision to make a small reduction in our workforce,’ the spokesperson stated.

  • 1 week ago | citywire.com | Cheryl Heng |Tania Mitra |James Phillipps

    Hamilton Lane’s co-head of evergreen portfolio management, Steve Brennan, thinks that model portfolios will become a crucial part of alternatives adoption in the wealth channel. Advisors have increasingly been utilising model portfolios to outsource investment management decisions, and as asset managers continue to expand their alts capabilities for wealth investors, getting their products into the models will propel growth.

  • 1 week ago | citywire.com | William Johnson |Tania Mitra |Ashley McConnell |Eva Thomas

    Hamilton Lane’s co-head of evergreen portfolio management, Steve Brennan, thinks that model portfolios will become a crucial part of alternatives adoption in the wealth channel. Advisors have increasingly been utilizing model portfolios to outsource investment management decisions, and as asset managers continue to expand their alts capabilities for wealth investors, getting their products into the models will propel growth.

  • 1 week ago | citywire.com | William Johnson |Ian Heath |Ashley McConnell |Tania Mitra

    BlackRock has overhauled its Global Emerging Markets (GEM) division and split it into two distinct teams, Citywire has learned. The changes include the recruitment of two senior investors in Asia and the repositioning of certain portfolio managers, team leaders and strategies. The resulting structure will create an EM & Asia Core Team in Hong Kong and an EM & Frontiers Team based in London, with the division remaining under the overall leadership of emerging markets CIO Belinda Boa.