Most Clicked CFA Institute Financial NewsBrief Stories


1. Access to alternative investments is being broadened through product innovations within regulated mutual funds and exchange-traded funds. Is this a positive development for the average retail investor?

CFA Institute Financial NewsBrief | Mar 31, 2015


2. China's economy cooling too quickly, PBOC head says

CFA Institute Financial NewsBrief | Mar 30, 2015

People's Bank of China Governor Zhou Xiaochuan said economic cooling is "a bit" too sharp and that with inflation also declining, leaders must be alert to the dangers of disinflation and deflation. China has the flexibility to step up the pace of growth through interest rates and "quantitative" measures, he said. Bloomberg (29 Mar.)


3. Brazil's 3G reportedly negotiating deal to buy Kraft

CFA Institute Financial NewsBrief | Mar 25, 2015

Brazilian investment firm 3G Capital is in talks to buy Kraft Foods Group, a person familiar with the matter said. The purchase price could exceed $40 billion. 3G and Warren Buffett joined forces two years ago to buy H.J. Heinz for $23 billion. New York Times (tiered subscription model), The (24 Mar.) Bloomberg (24 Mar.)


4. Fed's Yellen warns of economic stagnation

CFA Institute Financial NewsBrief | Mar 30, 2015

Janet Yellen, head of the Federal Reserve, warned that several studies suggest the U.S. and other countries will grow more slowly than in the past due to declining technological innovation and demographic forces. "At an extreme, such developments could even amount to a type of 'secular stagnation,' in which monetary policy would need to keep real interest rates persistently quite low relative to historical norms to promote full employment and price stability, absent a highly expansive fiscal policy," she said. CNBC (29 Mar.)


5. Central banks set to issue ethics guide for FX trading

CFA Institute Financial NewsBrief | Mar 27, 2015

Central banks in large currency markets, including the U.K., Japan and the U.S., are poised to publish principles to guide foreign exchange trading. "FX market participants should not share information with each other about their trading positions or individual trades with clients or other FX market participants beyond that necessary for the execution of a transaction," the document says. Bloomberg (26 Mar.) Wall Street Journal (tiered subscription model), The (25 Mar.)


6. FSB's Carney voices concerns about bond-market liquidity

CFA Institute Financial NewsBrief | Mar 27, 2015

Although the global financial system is safer, simpler and more fair, concerns about liquidity in international bond markets can't be overlooked, says Mark Carney, chairman of the Financial Stability Board. "Market adjustments to date have occurred without significant stress," he said. "However, the risk of a sharp and disorderly reversal remains, given the compressed credit and liquidity risk premia." Reuters (26 Mar.)


7. China approves additional free trade zones

CFA Institute Financial NewsBrief | Mar 26, 2015

China is expanding free trade zones under policies aimed at bringing vitality to the economy. Trade zones in Fujian, Guangdong and Tianjin have been approved by the Political Bureau of the Communist Party of China Central Committee. The zones are set to launch Tuesday, the Shanghai Securities News reported. Xinhuanet.com (China) (25 Mar.)


8. Negotiators struggle with details of Iran nuclear deal

CFA Institute Financial NewsBrief | Mar 31, 2015

Negotiators for Iran and six world powers worked through the night trying to come up with a preliminary agreement on Iran's nuclear program that could end international sanctions on the country. Some of the more contentious issues likely will have to be resolved in the next round of talks, scheduled to begin in June. Bloomberg (30 Mar.) New York Times (tiered subscription model), The (30 Mar.) Al Jazeera (31 Mar.) Washington Post (tiered subscription model), The (30 Mar.)


9. Analysis: Wage increases return to U.S.

CFA Institute Financial NewsBrief | Mar 27, 2015

Rising profit and a growing inability to find workers to fill openings are pressuring U.S. companies to raise wages, according to The Economist. The number of small employers increasing pay to cope with a tight labor market has risen to a level not seen since before the financial crisis, the magazine notes. Economist (tiered subscription model), The (28 Mar.)


10. Wall Street talent moves to Silicon Valley

CFA Institute Financial NewsBrief | Mar 25, 2015

Google has selected Ruth Porat, chief financial officer for Morgan Stanley since 2010, to be its CFO. She joins other prominent Wall Street executives who have moved to the rapidly growing technology sector on the West Coast. New York Times (tiered subscription model), The (24 Mar.) Bloomberg (24 Mar.) TechCrunch (24 Mar.)