(Bloomberg) -- New York Life Insurance Co.’s MainStay Investments hired Ken Bossen to help build the exchange-traded fund operation that seeks to mimic hedge fund strategies...
In recent years, many institutional investors have committed to measure and lower exposure to carbon emissions in their portfolios. But that presents a challenge: how to estimate such exposure, given the lack of disclosure by most companies about...
(Bloomberg View) -- Financial crises are becoming more frequent as markets and the rules that govern them grow ever more complex. New research suggests that this is no coincidence -- and that a simpler system would be a lot more resilient...
World shares closed in on one-year highs as the prospect of prolonged cheap borrowing costs and a recent rise in oil prices set off a new emerging market bull run.
(Bloomberg) -- "A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts," Burton Malkiel wrote in his 1...
BlackRock Inc portfolio managers will be allowed to borrow from their peers if they are pressed for money to cash out clients, U.S. Securities and Exchange Commission officials said.
(Bloomberg View) -- A recent Sanford Bernstein research report titled "The Silent Road to Serfdom: Why Passive Investing is Worse Than Marxism," besides starting quite the kerfuffle in the financial world, raises some eternal...
