Court approves interim distribution to unitholders, but for less than sought
Move allows more time to deal with operational, regulatory issues
Data gaps on shadow banking sector a key priority alongside reform adoption
Industry taskforce to oversee transition in line with continental Europe
Review to take place throughout the year, ESMA to report in 2026
Surging markets highlight risk of decoupling from economic reality
Mutual fund net sales totalled $15.2 billion in 2024, the first year of positive net sales since 2021
Plus, 3iQ looks to launch first Solana, XRF ETFs; asset managers announce multiple new funds
Beaten up mutual funds saw a ‘significant turnaround’ in the second half of the year
Declining liquidity contributed to tighter credit terms, survey finds