Decker & Co., a broker dedicated to the southeast Asia/frontier space, launched this week.
New products introduced over the last week include a suite of large-cap equity funds from Nuveen and four new corporate term bond ETFs from BlackRock.
Meanwhile, Vanguard added new interactive graphics to help retirement plan participants.
Here are the latest developments of interest to advisors:
Decker & Co, the first U.S.-based broker to be fully dedicated to the southeast Asia/frontier space, announced recently that it is fully licensed and operational. The firm's clearing partner is Broadcort, a division of Merrill Lynch. The new firm will offer U.S. funds access to local research and listed corporates through its partnership approach. In doing so, it will fully promote its partners' brands regionally to help them build their own brand equity. It plans to bring handpicked corporates to the U.S. and will frequently visit Asia for that purpose. The firm will also arrange investor trips to Asia at least quarterly.
Mark Decker has more than 20 years' experience in the region, including positions in Hong Kong with Bear Stearns/Lehman Brothers and CLSA in the '90s. He was also director of equities at SCB Securities in Thailand, and was responsible for the opening of the west coast office of Kim Eng Securities in 2009. The firm's team has relationships with funds focused on investing in southeast Asia. Its network includes broker partners in Vietnam, Sri Lanka, Malaysia, India, Bangladesh, Indonesia, Hong Kong, Thailand, Singapore, Pakistan and Cambodia.
2) Nuveen Asset Management Launches New Equity Strategies
Nuveen Investments has announced the availability of a new suite of large-cap equity mutual funds managed by Bob Doll, Nuveen's asset management chief equity strategist and senior portfolio manager.