Economy

The markets react to Brexit

The markets react to Brexit

The broader markets appeared to take the U.K.'s June 23 vote to exit the EU in stride after the immediate shock.

August 08, 2016 | 12:01 am
Post-Brexit caution: hoping to avoid a long-lasting downside

Post-Brexit caution: hoping to avoid a long-lasting downside

Global risk markets have been exuberant lately, expecting U.S. consumers to accelerate their spending even further, U.S. interest rates to remain low and Brexit to have little impact on the global...

August 08, 2016
Trump economic advisory includes leaders of alternative money managers

Trump economic advisory includes leaders of alternative money managers

Republican presidential nominee Donald Trump on Friday named an economic advisory group that includes John Paulson, Steve Feinberg, Steve Roth, Harold Hamm and Tom Barrack.

August 05, 2016 | 11:36 am
Probability of FOMC rate changes

Probability of FOMC rate changes

Recent CME Group data tracking the probability of a rate hike by the Federal Open Market Committee show that there is an 82% likelihood the FOMC will leave the target discount rate unchanged at 25 to ...

August 05, 2016 | 10:55 am
Bank of England cuts interest rates to 0.25%

Bank of England cuts interest rates to 0.25%

The Bank of England’s monetary policy committee voted on Wednesday to drop U.K. interest rates by 25 basis points to 0.25%, as a result of the U.K.’s decision to exit the European Union.

August 04, 2016 | 11:36 am

China Ageing Finance Forum taps WorldPensionSummit founder as international expert

Harry Smorenberg was appointed an international expert to the China Ageing Finance Forum, or CAFF50, a Beijing-based think tank launched at the end of 2015 to provide independent...

August 03, 2016 | 11:27 am
U.S. GDP and component growth

U.S. GDP and component growth

The Bureau of Economic Analysis released its first estimate for second-quarter annual GDP growth Friday of 1.2%, on a seasonally adjusted basis, and also revised its first quarter figure lower to 0....

July 29, 2016 | 03:52 pm
Returns of top institutional holdings

Returns of top institutional holdings

The top 10 stocks held by institutions have been a mixed bag of returns so far in 2016. Alphabet (formerly Google) and Apple each were down more than 2%, while Microsoft had a modest gain.

July 28, 2016 | 10:32 am

Fed doesn’t move on rates

Members of the Federal Open Market Committee met market expectations Wednesday by agreeing to keep the current 0.25% to 0.5% target range for the federal funds rate.

July 27, 2016 | 03:17 pm
Brexit decision shoves risk to forefront

Brexit decision shoves risk to forefront

The second quarter of 2016 was dominated by Brexit, both before and after the U.K. voted June 23 to leave the European Union.

July 25, 2016
Retirement security at top of wish lists for next president

Retirement security at top of wish lists for next president

No matter who wins the White House in November, the next administration will have to do more to advance retirement security, a number of experts said.

July 25, 2016
Data, analytics grow in importance amid slow markets — report

Data, analytics grow in importance amid slow markets — report

Money managers' future success will soon depend on significantly increasing their capabilities in advanced data and analytics at a time when market growth is not a given, a report from Boston...

July 25, 2016

Risk-parity managers say they can live with bond bear market

Chinese investors could be set to take their first serious look at risk parity just as the end of a multidecade bull market in sovereign bonds threatens to undermine the strategy's potential returns.

July 25, 2016
Markets calm in Brexit aftermath — S&P Dow Jones

Markets calm in Brexit aftermath — S&P Dow Jones

Calm has been restored in most financial markets, with the VIX falling to its lowest level in more than a year and the S&P 500 posting a record high, show data from S&P Dow Jones Indices.

July 22, 2016 | 11:01 am

PSP Investments returns 1% for fiscal year

Public Sector Pension Investment Board, Montreal, returned 1% in the fiscal year ended March 31, a news release said.

July 21, 2016 | 03:21 pm