Investment
China devalues renminbi for second day
China’s Central Bank has devalued its currency for the second consecutive day, following Tuesday’s biggest depreciation in two decades.
State Street bolsters real estate offering with new ETF
State Street Global Advisors (SSGA) has expanded its real estate offering with a new exchange traded fund.
Investment | 11 Aug 15
StanChart named trustee of first Islamic ASEAN passporting fund
Standard Chartered has been named as trustee of the first Shariah-compliant fund to be used on the ASEAN passporting scheme.
Investment | 10 Aug 15
Stewardship drives long-term rewards, says Hermes
Environmental, social and corporate governance, or ‘ESG’, is becoming increasingly fashionable, said Hermes’ Rhodri Mason, but ESG is a far cry from what he considers to be the real long-term game-changer: stewardship.
Investment | 10 Aug 15
ETFs surge in Europe to record high
ETFs and ETPs listed in Europe are gathering net new assets 13% faster than in previous years, according to research consultancy ETFGI.