Global Index Fund Manager Successfully Trials Blockchain Securities

2020-06-11

Vanguard, the world’s second-largest index fund manager, has announced the successful completion of the first phase of its blockchain pilot trialing the digitization of asset-backed securities (ABS). The pilot has seen Vanguard partner with a large U.S.-based ABS provider, distributed ledger technology provider Symbiont, and financial institutions BNY Mellon andRead More →

British lender Glenhawk names business development manager By Reuters

2019-08-05

© Reuters. British lender Glenhawk names business development manager (Reuters) – British lender Glenhawk on Monday named Peter Turner business development manager. Turner, who joins the company from ShawBrook Bank, will report to Nick Hilton, director of lending. He would be responsible for expanding Glenhawk’s broker relationships, the company saidRead More →

Australian wealth manager IOOF hit with class-action lawsuit By Reuters

2019-04-12

© Reuters. Australian wealth manager IOOF hit with class-action lawsuit SYDNEY (Reuters) – Australia’s embattled second-largest wealth manager, IOOF Holdings Ltd, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. The class-action lawsuit is the ninth against a major financialRead More →

Former Newton Investment fund manager fined By Reuters

2019-02-05

© Reuters. Former Newton Investment fund manager fined LONDON (Reuters) – A former fund manager at Newton Investment Management has been fined more than 30,000 pounds ($40,000) for attempting to influence competitors during share sales, demonstrating a lack of due skill and care, the British regulator said on Tuesday. TheRead More →