The U.S. Securities and Exchange Commission (SEC) has paved the way for asset managers to add exchange-traded share classes (ETF shares) to existing mutual funds. “We are increasing choice, reducing expenses, and making ETF innovation more accessible to retail investors,” said Brian Daly, SEC Investment Management Division.
The Swiss National Bank (SNB), together with the Swiss Finance Ministry and the U.S. Treasury, confirmed that Switzerland does not target exchange rates for competitive advantage.
– Foreign investor interest in Indian government bonds is experiencing a revival, with inflows picking up steadily over the last month. This surge in demand is largely driven by fresh expectations of a potential rate cut by the Reserve Bank of India (RBI), with some analysts predicting a modest 25 basis point cut as early...
The Bank of Japan (BOJ) decided to keep interest rates steady at 0.5%, as expected, signaling cautious optimism about Japan’s economic outlook despite lingering geopolitical tensions and tariff risks. In addition, the BOJ raised its inflation forecast for the current fiscal year, projecting core consumer inflation to rise to 2.7% from the previously forecasted 2.2%.Key...
Hedge funds have been shedding tech stocks at the fastest pace in the past year, according to a recent Goldman Sachs report. This shift comes even as the S&P 500 reached all-time highs, driven largely by technology stocks. However, with the market’s valuation and rising long-term yields, many investors are rethinking their strategies.Key Insights:– Tech...
UnitedHealth (UNH.N), the largest U.S. health insurance and services company, is under intense investor scrutiny as Stephen Hemsley returns as CEO following the unexpected departure of Andrew Witty. Investors are eager for clarity on how the company plans to tackle escalating medical costs and other operational challenges that led to the withdrawal of its annual...