Everyone loves having their priors confirmed
Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud
Fee cuts are latest in price war that started with approval of spot bitcoin ETFs in US in January
More than $500bn pumped into the fund format despite volatile markets
Plus, Vanguard pushes into fixed income, egg prices soar, and Wigtown Book Festival
Changes to GPIF’s investment policies to take on more risk have been lauded — but the country’s system is under strain
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
Head of $1.3tn asset manager says complex forms of debt could ‘accelerate things on the downside’
Plan to encourage more tech-focused and small-cap ETFs unveiled as part of new financial stimulus package
Savers with environmental and other ethical concerns now have plenty of options to vote with their money
Senior executive says strategy not only takes in private asset potential, but structured products and wealth management
Manager has cancelled plans to convert investment-grade credit fund and will opt for a corporate bond fund instead
Move by US-based investment manager comes as oil-rich emirate woos financial services firms
CEO Salim Ramji cites inefficiencies and opportunities in the asset class
Stakeholder group calls for temporary suspension of penalties for failed trades when EU moves to one-day trade settlement
UK’s largest fund manager chooses US executive Eric Adler of Prudential Financial to take charge
Consultancy forecasts strong growth in investor demand in China, Taiwan and Hong Kong over next 12 months
A trend long associated with equity investing is now playing out in the bond markets
Plus, BlackRock’s new fund, nuclear fuel prices surge, and our Guide to the Business Lunch
Research Affiliates found that S&P 500 falls before a close election and surges after
A balanced portfolio has the best chance of preserving the long-term value of pension savings against price rise shocks
Platforms Association aims to represent online financial sites as regulatory scrutiny increases
Head, heart and network are all important when deciding what to do with our money
Famed investor said on X that he was ‘celebrating’ the destruction of Gaza
Analysts have long predicted some $6tn held in US money market funds might move into riskier assets like equities