Portfolio composition explains some but not all of ESG funds' advantages, ESMA finds
Tough U.K. stress test finds financial costs rise as climate action is delayed
Fund manager pays US$1.5 million to settle allegations involving ESG disclosure
Output turned negative in several major economies amid supply challenges
The FCA is seeking changes to address liquidity concerns revealed in March 2020
Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported
Model rule, if implemented by regulators, would add enforcement teeth to arb awards, sanctions
Shift to crypto could boost financial inclusion, but may weaken monetary policy efficacy
Credit card debt rises for second straight month, outpacing mortgage growth
Pursuit of global climate standards needs industry, policymaker participation