Friday, 27 September 2019

Precious metals net second biggest weekly inflows on record: BAML

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Precious metals net second biggest weekly inflows on record: BAML

Precious metals enjoyed their second biggest inflows in the week to Wednesday, Bank of America Merrill Lynch said on Friday, as festering trade tensions and global growth woes triggered a rush for safe haven assets.

Australia's AMP under pressure as pension clients exit

Australia's AMP Ltd has lost at least one major pension contract while other companies are reviewing their relationship with the wealth manager, which has struggled to stem a client exodus following revelations of serious misconduct.

SEC adopts new rules to level playing field for ETF providers

The Securities and Exchange Commission on Thursday said it would adopt a new rule to modernize how exchange-traded funds (ETFs) are brought to the market and their regulation.

U.S. investors prepare for drawn-out House impeachment proceedings

Investors are starting to prepare for a long U.S. impeachment process that could drag into 2020.

Column: U.S. Democrats have wisely moved to the left on ideas for Social Security reform

(The opinions expressed here are those of the author, a columnist for Reuters.)

Your Money: How to make seniors smarter about financial scams

If you are seriously ill and homebound, or starting to be prone to forgetfulness, do you have someone you trust with your ATM code to run out and get you some cash?

Wealth manager Moneyfarm wins Poste Italiane, Allianz backing

Digital wealth management company Moneyfarm said on Thursday it had raised 36 million pounds ($44.4 million) from Poste Italiane and Allianz Asset Management in its latest funding round.

Factbox: U.S. lawsuits take aim at vaping

Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed against e-cigarette maker Juul Labs Inc and others are expected amid increasing scrutiny.

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