Steven Maijoor, chairman of the European Securities and Markets Authority, said the agency will publish guidelines on exchange traded funds by the end of the year.
Lyxor International Asset Management is considering delisting its exchange traded funds in Hong Kong, according to a statement to the Hong Kong stock exchange.
A five-year-long link between crude oil and gold has come apart as the economic recovery boosts energy consumption and lowers the metal’s appeal as a haven, encouraging investors to buy oil and sell gold.
Global investors including BlackRock Inc. are gathering in Moscow as firms seek to balance opportunities in Russia against the threat of fresh sanctions over the conflict in Ukraine.
Like so many investors in the spring of 2009, Gordon Wolf needed to dig out of a hole.
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