North America
Invesco rumoured to be in talks to buy US ETF provider
US-based investment manager Invesco is in talks to buy the asset management business of Guggenheim Partners, according to media reports.
North America | 2 Aug 17
Defunct Ethical Forestry investors urged to claim compensation
Investors in collapsed Costa Rican tree investment group Ethical Forestry have been urged to make claims for compensation on the grounds that their original investment could have been mis-sold.
The secret to boosting US equity fund performance
Most active US equity funds struggle to outperform their benchmark but this year, the secret to has been surprisingly straightforward – the fund manager just had to hold two keys stocks.
North America | 1 Aug 17
US regulator brings charges over cancer investment fraud
The Securities and Exchange Commission has filed charges against a businessman accused of using investor funds intended to develop products to detect cancer and other diseases to pay personal expenses and fund his fiancée’s restaurant.
PEOPLE MOVES: White House, Legal & General, DIFC
Political firework Anthony “the Mooch” Scaramucci may return to the investment world after being fired as White House communications director. Legal & General Insurance has created a managing director role focusing on fintech, while a former deputy chief justice of the DIFC court has died.