Friday, 20 April 2018

Your money: Women who retire early can miss out

Your money: Women who retire early can miss out

NEW YORK (Reuters) - Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer.

Firearms companies widely held in ETFs and funds: research firm

BOSTON (Reuters) - An estimated 24 percent of the world's exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on Thursday, levels it said might be "more pervasive than some investors realize."

UBS to lead European cross-border business from Switzerland

(Refiles April 19 story to clarify description of northern European markets with looser cross-border regulations)

U.S. 'junk' bond funds take in most weekly cash since 2016: Lipper

NEW YORK (Reuters) - Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping the most cash into U.S.-based, high-yield bond funds in over 16 months.

Jane Rosenthal lives life on the Hollywood high wire

NEW YORK (Reuters) - Movie producers do not turn into household names as often as actors and directors, but Jane Rosenthal leapt to that level, and not just for her feature film projects.

BlackRock wants regulators to address unequal voting rights

BOSTON (Reuters) - BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in corporate governance.

Wall Street sees a win in proposed SEC investor protections

CHICAGO (Reuters) - The long-running fight to protect retirement savers from conflicted investing advice shifted to a new battleground this week, and the first salvo was not promising.

Goldman says jitters about U.S. yield inversion 'overblown'

NEW YORK (Reuters) - Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are "overblown," though an inversion is often followed by a 3 percent to 5 percent drop in the S&P 500.

SEC proposes rule to combat conflicted investment advice

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley and Merrill Lynch Wealth Management to clearly explain the fees investors pay and commissions brokers earn when giving financial advice.

Cboe blasts 'draconian' plan to test banning stock exchange rebates

NEW YORK (Reuters) - A plan by U.S. regulators to test banning the rebates stock exchanges pay to brokers that provide liquidity, in an effort to reduce potential conflicts of interest, will ultimately harm investors, the president of exchange operator Cboe Global Markets said on Wednesday.

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