News

Zambia’s stock market, which is also outside of the MSCI benchmark, is up 31% in local currency this year at a record high. The economy is forecast to expand at least 6% in 2025, buoyed by improving ...
BlackRock Inc., the world’s biggest asset manager, is seeing rising interest from its global clients in diversifying away from the U.S. and into other markets.
The municipal-bond market is poised to go to infinity — and beyond — with a new financing tool included in President Donald Trump’s tax and spending bill that passed the Senate Tuesday. The ...
Bank of America Corp. clients withdrew money from US equities at the fastest pace in 10 weeks, reducing exposure as the S&P 500 capped its best quarter since 2023 to end June at a record. All major ...
Vanguard Group is planning its debut into an increasingly competitive corner of the $11.6 trillion US exchange-traded fund arena. The Vanguard High-Yield Active ETF would trade under the ticker VGHY ...
Global asset manager Janus Henderson Group and Guardian Life Insurance Company of America have completed a deal for a partnership that will make Janus Henderson the manager for Guardian’s $45 billion ...
Mercer Global Advisors. has expanded its base in the Greater Boston area with the acquisition of O’Brien Wealth Partners, a woman-led firm with $1.1 billion in client assets.
Financial industry veteran Gordon Ross has been appointed president of San Francisco-based DeVoe & Company, a prominent consulting and M&A advisory firms for RIAs, the company announced. Ross will ...
It’s a widely held belief among economists that President Donald Trump’s tariffs will boost inflation notably over the next few months. But muted price increases so far have called that assumption ...
The One Big Beautiful Bill Act may be heading for a “big beautiful pothole” now that it has passed the Senate, warned Greg Valliere, chief U.S. policy strategist at AGF Investments.
The Senate’s version of President Donald Trump’s proposed tax cut bill will cost the bottom 20% of taxpayers an average of $560 a year while giving an average boost of $6,055 to those at the top end.
Shorter-dated debt is attractive from an income perspective, said Rieder, CIO of global fixed income for the world’s biggest asset manager. But he said long-duration bonds are growing increasingly ...