The latest in fund and investment news from around the world.

Kalos Financial
Kalos Financial, the wealth manager, has launched Kalos Advantage, which offers turn-key investment solutions for advisors. 

Kalos Advantage will be rolled out under Kalos Management, Kalos Financial’s corporate RIA platform. These low-minimum, low-cost models will be available from Blackrock, Nuveen, State Street and Kalos’ own models, Kalos said in a statement earlier this week. 

The offering provides RIAs with a suite of products and services intended to help them grow and manage their fee-based businesses. 

State Street
State Street has rolled out several enhancements to its data-led, analytics solution designed specifically for asset owners. The multi-asset class platform solution will improve transparency, alleviate complexity and streamline performance tracking and regulatory reporting for clients, the firm said. 

The enhancements fit with a strategic partnership the company has formed with Solovis, a multi-asset class portfolio management, analytics and reporting platform for asset owners and allocators.

Powered by DataGX®, which is State Street’s data-as-a-service capability, this new platform incorporates the Solovis analytics application and will manage data and traditional accounting book-of-record with alternative asset data, including third-party information, it added.