ESAs warn of risks from economic and geopolitical events
September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |
The ESAs warn national supervisors of the financial stability risks stemming from these uncertainties and call for continued vigilance from all financial market participants. For the first time, the Report also includes a cross-sectoral deep dive into credit risks in the financial sector.
The continued decline of inflation in late 2023 and early 2024 has led central banks to begin the shift towards looser monetary policy. Financial markets performed strongly in anticipation of future rate cuts and an improving macroeconomic outlook, save for the short-lived but sharp equity price dip in August. Considerable uncertainties, nonetheless, remain regarding the future path of the global economy, inflation and monetary policy and the interplay of these factors across different jurisdictions. |
American Century Investments Announces Change to ETF LineupSeptember 11, 2024--- American Century Investments today announces plans to close and liquidate American Century Emerging Markets Bond ETF (AEMB). |
Morgan Stanley to debut first Pathway-branded ETFsSeptember 5, 2024--The funds will be conversions of existing fund strategies and are set to start trading in November |
Harbor Capital Advisors Expands Growing ETF Suite; Launches the Harbor AlphaEdge Large Cap-Value ETF and Harbor AlphaEdge Next Generation REITs ETFSeptember 5, 2024--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager that curates a suite of actively-managed ETFs, mutual funds, and collective investment trusts, is expanding its suite of AlphaEdge ETFs with the launch of the Harbor AlphaEdge Large Cap-Value ETF (Ticker: "VLLU") and the Harbor AlphaEdge Next Generation REITs ETF (Ticker: "AREA"). |
Macquarie Asset Management expands flagship emerging markets equity platform with new ETFSeptember 5, 2024--Macquarie Asset Management today announced the launch of Macquarie Focused Emerging Markets Equity ETF (EMEQ), which began trading on the Nasdaq Stock Market today. The new exchange-traded fund (ETF) is managed by the firm's Emerging Markets Equity Team, led by Liu-Er Chen, CFA. |