“We needed a solution that offered total transparency and flexibility to adapt to changing business requirements and scalability that could grow with us,” said Lou DeSimone, the managing director and head of global operations at Mirae in the U.S.
Mirae will use Mediant to simplify its applications and promotional materials and maintain compliance.
Vanguard’s Latest Active Fixed Income Bond Fund
Vanguard has added the Vanguard Emerging Market Bond Fund to its active fixed-income fund roster.
The Vanguard fixed-income group, with $1.3 trillion under management, will be working to make the bond fund more profitable than JP Morgan’s EMBI Global Diversified Index. The group will invest in a more diversified portfolio of emerging market government debt and government enterprises.
According to the group’s global head, John Hollyer, the bond fund is one of the lowest-cost actively managed funds. It has the potential to offer higher returns that may occur from volatile emerging market debt.
American Portfolios’ Tech Platform: HomePort
American Portfolios Financial Services, a broker-dealer, has launched a new proprietary web-based platform that seeks to give its affiliates more independence. HomePort, an online platform accessible to advisors, their staffs and their customers, is designed to be an efficient and user-friendly tool for businesses, according to Lon Dolber, American Portfolios’ CEO.