China Construction Bank awards QDII custody to BNY Mellon
China Construction Bank has appointed BNY Mellon as global custodian to a qualified domestic institutional investors (QDII) fund due to...
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Survey underlines global growth split
Three-quarters of fixed-income managers surveyed by Fitch Ratings expect economic growth in Europe to limp in at less than 2%...
Strong growth predicted for European corporate DC market
The European corporate defined contribution (DC) pensions market will grow by 11.5% per annum to 2014, predicts research firm Cerulli....
S&P 500 will finish lower, but fundamentals are still fine
Russell Investments has lowered its year-end forecast for the S&P 500 from 1372 to 1300 due to the weaker economic...
Chinese fund industry AuM falls for second quarter
Total assets under management (AuM) of the Chinese mutual fund industry fell by 2.4% in Q2, following a drop of...