S&P and MSCI plan to overhaul their industry classifications, merging internet and media stocks with phone companies to replace the telecommunication sector.
Public investment vehicles, including mutual funds and ETFs focused on so-called “gender-lens” investing, oversaw $910 million in assets as of June 30, 2017.
WisdomTree Investments Inc. agreed to buy ETF Securities’ $17.6 billion funds business in Europe, making it the ninth-largest ETF provider in the world.