Flash Crash: Explained - with Dr Chardin Wese Simen

Fidelity, the asset manager with $2.4 trillion assets under management, recently announced the launch of two index mutual funds with a 0% fee! This announcement is interesting for several reasons. First, the asset management industry has been involved in an intense price war and this new fee level of 0% represents a very tough benchmark for the competition to beat. Not surprisingly, the share price of rival asset managers fell by a few percentage points shortly after the announcement. Second, the new fee level is unusual as it indicates that, for the first time, investors could get exposure to both US and international equities without incurring any fee. This is a curious business decision. How will Fidelity manage to pay for all its expenses? Will this product be a loss-making venture? Is there more to it than meets the eyes?

Dr George Alexandridis, Associate Professor at the ICMA Centre and Henley Business School Head of Pre-Experience Postgraduate Programmes, recently hosted the alumni event at the Grand Kempinski Hotel in Shanghai, China where 50 alumni attended from all Henley programme areas including the ICMA Centre, Real Estate and Planning, Accounting and Informatics and Business and Management.

Dr Ivan Sangiori and Dr Lisa Schopohl supported the Climate Bond Initiative (CBI) with its Green Bond European Investor Survey, looking at how climate change could be addressed through investment decisions.