Risk Management for Homeowners Returning to the Coasts
If an affluent client wants to build a house in a flood zone, help them manage the risk before they build.
France’s Latest Downgrade: Cause for Worry or False Alarm?
Standard & Poor’s hit France’s credit rating for a second time, causing investor concern.
China Cracks Down on Foreign Pharmaceutical Companies for Price Fixing
A storm is brewing in China, as the country has begun a series of crackdowns on various industries for offenses ranging from bribery to price fixing.
FINRA Warning on BDCs Doesn’t Stop Market Vectors’ ETF Debut
Despite FINRA's January warnings on high-risk business development companies, Market Vectors has launched the first-ever ETF to offer pure-play BDC exposure.
China Construction Considering Dim Sum Bond Issue
The second largest bank in China is considering using London as the venue for an issue of yuan-denominated bonds for offshore sale.
Top Portfolio Products: ProShares ETF Focuses on Germany; BlackRock Offers New Fund
New products over the last week include a new ETF focusing on German debt from ProShares and a reintroduced multi-asset income fund from BlackRock.
ProShares Launches ETF Focused on German Debt
ProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
EU Plans to Shake Up Ratings Agencies
A new draft law unveiled Tuesday by the European Union angered ratings agencies Moody's, Standard & Poor's and Fitch, although according to Internal Market Commissioner Michel Barnier it is designed to inject competition into the sector, currently dominated by the 'big three.'
SEC May Seek Legal Action Against S&P
An issue over the rating of a collateralized debt obligation from 2007 prompted the SEC Thursday to send a so-called “Wells notice” to McGraw-Hill, the parent company of Standard and Poor’s.
Ireland Slashed to Junk; EU Considers Greek Default
Moody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.