BNP Paribas Securities Corporation has joined LCH CDSClear as it expands its offering to the US market. The company is the first futures commission merchant (FCM) entity to join LCH CDSClear and has cleared the first US buy-side trade on the service. The partnership follows the expansion of LCH CDSClear’s client clearing services to US
Commission-based “load” mutual funds and the financial advisors who still sell them seem passé, like riding a horse and buggy to reach your investment goal instead of a zippy new exchange-traded fund. Yet there are excellent load funds run by top fund managers at big shops. Of the 10 largest mutual fund families, six have
Successful small-cap growth-stock fund managers have a problem. Rapidly growing small companies tend not to stay small for long. They become midsize companies that the manager has to sell. To solve this problem, managers invented the curiously named “smid-cap” fund category that holds both small- and mid-cap stocks. One of the first and best funds
The reasons behind investor losses in 2023 in Việt Nam were quite diverse, with two prominent factors accounting for over 66 per cent of the cases: FOMO (Fear of Missing Out) and a lack of careful transaction planning. AFP/VNA Photo HÀ NỘI — The cryptocurrency market in Việt Nam remained bleak in 2023, resulting in
Goodbye shock therapy. Hello, chain saw austerity. That’s the label Argentine President Javier Milei’s detractors have devised for his dynamic first month in power. Investors are pleased, so far. “The probability of success for Milei is larger than of failure,” says Alejo Czerwonko, chief investment officer for emerging markets Americas at UBS Global Wealth Management.
Optimism over artificial intelligence powered the stock market in 2023. It also helped some sustainable funds turn in a surprisingly strong performance. Based on data from Morningstar Direct, the top five sustainable U.S. equity mutual funds in Barron’s annual survey outperformed the S&P 500 index, returning an average 35% against a gain of 26%, including
One fund to solve all your problems—it’s the dream of every investor who wants the simple life. But for all except aggressive investors with 100% in stocks, it was largely impossible until recently, with interest rates close to 0% before 2022, which rendered the bond portion of any balanced or allocation fund invested in both
Walt Disney is caught in a contentious battle with multiple activist investors. Shareholders should come out ahead no matter who the winner is. Right now, there are no fewer than four activists taking aim at the House of Mouse. That should come as no surprise given that Disney stock has lost more than half its