Economy

Italy votes no in referendum; managers raise concerns over markets and banking sector

Italy votes no in referendum; managers raise concerns over markets and banking sector

A vote to reject constitutional reforms in Italy could lead to a period of market volatility, as the euro fell early Monday and money management executives raised concerns over the Italian banking...

December 05, 2016 | 07:33 am
Stephen Schwarzman, Laurence Fink among those named to Trump strategic and policy team

Stephen Schwarzman, Laurence Fink among those named to Trump strategic and policy team

President-elect Donald J. Trump formed a team called the President's Strategic and Policy Forum composed of money managers and corporate heads to offer their views on the intersection of public...

December 02, 2016 | 03:45 pm
Moody's: Market performance boosts publicly traded money manager AUM in Q3

Moody's: Market performance boosts publicly traded money manager AUM in Q3

Market performance gave money managers' assets under management a boost in the third quarter, ultimately driving revenues higher, despite mixed asset flows, said a report released by Moody's...

December 02, 2016 | 03:15 pm
SEC says appeals court should take on pension fund lawsuit against exchanges

SEC says appeals court should take on pension fund lawsuit against exchanges

The SEC said a federal appellate court should consider an appeal of a lower-court ruling in a suit filed by investors, including three pension funds, that claimed exchanges favor high-frequency...

December 01, 2016 | 03:27 pm
November market review

November market review

U.S. equity markets had a strong November following the results of the presidential election.

December 01, 2016 | 12:47 pm
Hidden risks of defensive investing

Hidden risks of defensive investing

Eight years into a U.S. bull market, valuations are elevated and with them, the risk of U.S. stocks moving into bubble territory. In response, many investors have begun pouring assets into defensive...

December 01, 2016 | 10:55 am
Chinese shares decline most in 2 months, market seen as overheating

Chinese shares decline most in 2 months, market seen as overheating

Chinese stocks capped their biggest drop in two months, amid concerns liquidity may tighten and as a technical indicator suggested the mainland market is overheating.

November 30, 2016 | 10:13 am
SEC Equity Market Structure Advisory Committee operations extended 6 months

SEC Equity Market Structure Advisory Committee operations extended 6 months

The SEC's Equity Market Structure Advisory Committee will operate for an additional six months beyond its original end date of February 2017, the Securities and Exchange Commission announced Tuesday.

November 29, 2016 | 11:05 am
Investment consultants try to keep clients grounded in reality

Investment consultants try to keep clients grounded in reality

Investment consultants face challenges as bearers of bad news in assisting asset-owner clients grappling with lower capital market expectations that are pushing them to extend risk exposures to reach ...

November 28, 2016 | 12:01 am
High Yield ETF flows become more volatile

High Yield ETF flows become more volatile

The iShares iBoxx High Yield Corporate Bond ETF, the largest high-yield ETF, in terms of daily net fund flows, has seen more instances of large outflows in 2016 than it had in 2015 or 2014.

November 28, 2016 | 01:44 pm
Most Fed members think rate hike should be 'relatively soon'

Most Fed members think rate hike should be 'relatively soon'

Most members of the Federal Open Market Committee think an increase in the federal funds rate would be appropriate “relatively soon,” as long as incoming economic data show progress,...

November 23, 2016 | 03:17 pm
London Stock Exchange Group to acquire Mergent

London Stock Exchange Group to acquire Mergent

London Stock Exchange Group agreed to acquire Mergent, a corporate financial information provider.

November 21, 2016 | 01:38 pm
Nasdaq names new CEO

Nasdaq names new CEO

Adena Friedman was named CEO of Nasdaq, effective Jan. 1.

November 15, 2016 | 11:09 am