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BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.
Cayman Islands authority takes over troubled Belvedere fund
Suspended fund, Brighton SPC, has been taken over by the Cayman Islands Monetary Authority after a “forensic examination” was conducted on the investment vehicle.
Goldman Sachs AM launches global long/short portfolio
Goldman Sachs Asset Management has launched the Global Equity Long Short Portfolio managed by the Goldman Sachs Investment Strategies portfolio management team.
Hansard Int’l adds Fidelity portfolios to fund range
Isle of Man-based savings provider Hansard International has added five risk-based Fidelity investment portfolios to its internal fund range.
BNY Mellon launches European Dynamic Total Return Fund
BNY Mellon Investment Management has launched a UCITS Dynamic Total Return Fund, giving European investors access to its successful investment strategy which aims to keep pace with global equity markets while managing volatility and cushioning any market falls.