MSCI to Add China A Shares to Emerging Markets Index: What It Means for Investors
The change could increase inflows into Chinese stocks and improve governance standards, but risks remain.
BNY Mellon’s Pershing Launches No-Fee ETF Platform: Portfolio Products
In other product news, Envestnet | Yodlee launched a personal financial wellness solution.
Schwab, LPL Mid-Year Outlooks: Beware, Goldilocks Ahead
A review of mid-year outlooks from several major financial firms reveals caution about expectations and risks but no recession or market crash.
In Fierce Battle Over Active ETFs, Nationwide Is on All Sides
The company may use an active ETF from a manager that keeps its holdings hidden.
How Orion Advisor Services Is Helping Advisors Manage Credit Risk
A new partnership with Moody’s Analytics provides Orion's clients access to timely changes in credit ratings.
Equities Are Overvalued, Many Investors in Merrill Survey Say
Chinese credit tightening is still seen as the top tail risk.
Capital Group, American Funds Sponsor, Sued for Using Own Funds in 401(k) Plan
Capital Group employees say they were left with few options other than American Funds for their retirement investments.
Trump Administration to Call for Modest Changes to Banking Rules
But it's still expected to target the Consumer Financial Protection Bureau and Volcker Rule.
SIFMA Economic Panel Trims Outook for Growth, Inflation
The panel now expects GDP will grow 2.1% this year while inflation rises 1.8%.
Puerto Rico Strikes Deal With Development Bank's Bondholders
The governor's office says creditors of the insolvent government development bank have agreed to accept losses in exchange for new securities.