Bruce Feibel, head of performance analytics at BNY Mellon Investment Management and the author of two books on risk measurement - "Investment Performance Management" and "Complying with the Global Investment Perofmrance Standards" explains how measuring risk is key to determining performance in investing. Feibel speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage".
RBC Wealth Management, the unit of Toronto-based Royal Bank of Canada that oversees almost $200 billion for more than 350,000 households, won the highest satisfaction ranking in a survey of full-service investment firms’ customers, according to J.D. Power & Associates.
Man Group Plc, the world’s largest publicly traded hedge-fund manager, said assets under management rose 1.7 percent in the first quarter to $55 billion, as clients added money to its GLG Partners unit.