Most Clicked CFA Institute Financial NewsBrief Stories

1. Mutual fund companies moving billions into trusts

CFA Institute Financial NewsBrief | Mar 05, 2015

Mutual fund companies are moving billions of dollars into collective trusts that the Securities and Exchange Commission does not regulate. Managed funds at a competitive disadvantage with passive investment products could benefit from the shift and investors could save money with lower fees. Reuters (04 Mar.)

2. Greece has few options amid cash crunch

CFA Institute Financial NewsBrief | Mar 03, 2015

Greece, which is expected to run out of cash at the end of March or sooner, faces few choices as it seeks to fund itself and repay a €1.5 billion loan from the International Monetary Fund. Greek Finance Minister Yanis Varoufakis said the government would "squeeze blood out of stone" to repay its debt to the IMF. Reuters (02 Mar.) Wall Street Journal (tiered subscription model), The (02 Mar.) Telegraph (London) (tiered subscription model), The (02 Mar.)

3. How much time should an investor/firm have to disclose a concentrated position (5% or more) in a particular issuer's shares?

CFA Institute Financial NewsBrief | Mar 03, 2015

4. FCC approves rules for Internet providers

CFA Institute Financial NewsBrief | Feb 27, 2015

The Federal Communications Commission adopted rules barring Internet providers from slowing or blocking traffic and from creating deals with content companies to deliver better traffic to customers. Internet providers said the tougher regulation will discourage investment and innovation, and they plan to fight the rules in Congress and in courts. Reuters (26 Feb.) Bloomberg (26 Feb.) CNNMoney (26 Feb.)

5. SEC's Gallagher cautions about bond market when rates rise

CFA Institute Financial NewsBrief | Mar 03, 2015

The Financial Stability Oversight Council has failed to pay sufficient attention to the corporate-bond market, which could pose a "systemic risk" to the economy when interest rates rise this year, Securities and Exchange Commission member Daniel Gallagher said at a conference. Some large money managers have warned that the market could fail as rates rise. Bloomberg (02 Mar.)

6. Greek finance minister wants to discuss bonds with ECB

CFA Institute Financial NewsBrief | Mar 02, 2015

The European Central Bank mistakenly bought Greek government bonds valued at €6.7 billion right as the nation accepted a rescue in 2010, Finance Minister Yanis Varoufakis says. The two sides should hold talks on the bonds, which mature this summer, Varoufakis says. "Shouldn't we negotiate this? We will fight it," he said. "If we had the money, we would pay. ... They know we don't have it." Reuters (28 Feb.)

7. Indian central bank reduces key rate

CFA Institute Financial NewsBrief | Mar 04, 2015

The Reserve Bank of India has cut its policy interest rate to 7.5%, from 7.75%, citing falling inflationary pressure. The reduction, the second at an unscheduled meeting in as many months, follows a decline of the consumer price index to 5.1% in January, far below the 8% target. Financial Times (tiered subscription model) (04 Mar.) Times of India, The (04 Mar.) CNBC (04 Mar.)

8. Consumption emerges as key force driving China's economy

CFA Institute Financial NewsBrief | Feb 27, 2015

China's policies are successfully transforming the economy to a consumption-led model, according to data from the National Bureau of Statistics. In 2014, consumption produced 51.2% of gross domestic product, compared with 48.6% from investment, the agency said. China Daily (Beijing) (27 Feb.)

9. PBOC reduces lending, deposit rates

CFA Institute Financial NewsBrief | Mar 02, 2015

An interest-rate cut by the People's Bank of China is expected to relieve financing pressure and counter deflationary concerns, experts say. "Under the current circumstances, this will help reinforce effects from the last cut, lower the loan rate and social-financing cost, lighten burdens on enterprises and stabilize growth," said Lian Ping, chief economist of Bank of Communications. China Daily (Beijing) (02 Mar.)

10. Many European government-bond yields go negative

CFA Institute Financial NewsBrief | Feb 27, 2015

Negative bond yields are popping up all over Europe. Yields on bonds with maturities as long as five years sold by Finland, France and Germany have dropped below zero. Financial Times (tiered subscription model) (26 Feb.)