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While healthcare stocks may not always seem the most enticing, they’ve quietly surged over the last month. The active healthcare tech ETF, FMED, which focuses on industry disruptors, saw its June performance significantly leapfrog its overall YTD numbers. What’s driving this sudden spike, and can the fund play a meaningful role in portfolios for the…
Anglo Asian Mining appoints Cameron Pforr to board
EUROPEAN SESSION In the final part of the European session, we have the ECB rate decision. The central bank is expected to keep interest rates unchanged while reiterating that it remains well positioned to navigate the uncertainty caused by the war and that it will continue to follow a data-dependent and meeting-by-meeting approach. We don’t get…
Open this photo in gallery: Cancer.iStockPhoto / Getty Images IF TODAY IS YOUR BIRTHDAY You will start a number of new things over the coming year but if you want them to succeed you will need to upgrade your thinking. Instead of being suspicious of developments in the wider world you must embrace them. Don’t…
On assets, balanced funds remained the largest mutual fund category at $1.192 trillion, followed by equity funds at $1.121 trillion, bond funds at $339.4 billion, money market funds at $64.9 billion and specialty funds at $64.6 billion. ETFs Equity ETFs dominated June net sales at $13.126 billion, up from $8.733 billion in May and well…
Digital assets remain one of the most debated areas in financial services, with policymakers, institutions and regulators still trying to determine how blockchain-based infrastructure should fit within mainstream finance. In this interview, Isadora Arredondo discusses the UK’s regulatory direction of travel, the practical implications for advisers and why the future of digital assets may be…
(RTTNews) – UniCredit Group (CRIN.DE, UCG, UCG.MI) reported second quarter net profit of 2.9 billion euros, down 13.1% from a year ago. EPS was 1.94 euros, down 10.2%. Net profit was at 3.1 billion euros, ex Commerzbank related trading one-off. Total revenues were 6.5 billion euros, up 6.6%. Revenue rose 11% ex trading one-off, with…
Shuttered since the pandemic, the historic Cinerama Dome in Hollywood and surrounding 14-screen movie theater are set to reopen under the management of Alamo Drafthouse Cinema, a unit of Sony Pictures Entertainment. CBRE’s Nicole Mihalka, along with Carl Muhlstein of Muhlstein CRE, and Scott Burns and Shauna Mattis of JLL jointly represented the ownership of…