As asset managers try self-indexing, what's to stop indices groups launching funds? The index industry is in the pink. The rise and rise of passive investing, and particularly of exchange traded funds, has delivered double-digit revenue growth — and the forecast...
Sentieo, a web and mobile-app based financial research and data platform, announced a $19 million round of funding Tuesday. The funding round - more than triple the amount they raised in March - comes fer six months of steady...
The wall backing on to David Craig’s office is like a battlemap covered with his skirmishes. The boss of Refinitiv, an 18-day-old financial data company carved out of Thomson Reuters, has scribbled on nearly every inch of the whiteboard wall...
Major Wall Street banks like Goldman Sachs and JPMorgan have invested almost $300 million in Symphony, a startup building encrypted, cloud-based communication tools. Google is also an investor. The banks want to build a platform they can all communicate on to...
Blow to Blackstone after it acquired data business Wealth managers at Merrill Lynch are switching to Factset and ditching rival financial information provider Thomson Reuters, an early blow to the business after it was acquired by Blackstone in a $17.3bn deal. Factset...