U.S. ‘junk’ bond funds take in most weekly cash since 2016: Lipper

NEW YORK (Reuters) – Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping the most cash into U.S.-based, high-yield…

Firearms companies widely held in ETFs and funds: research firm

BOSTON (Reuters) – An estimated 24 percent of the world’s exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on…

Wall Street sees a win in proposed SEC investor protections

CHICAGO (Reuters) – The long-running fight to protect retirement savers from conflicted investing advice shifted to a new battleground this week, and the first salvo was not promising.

BlackRock wants regulators to address unequal voting rights

BOSTON (Reuters) – BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in…

Your money: Women who retire early can miss out

NEW YORK (Reuters) – Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer.

Jane Rosenthal lives life on the Hollywood high wire

NEW YORK (Reuters) – Movie producers do not turn into household names as often as actors and directors, but Jane Rosenthal leapt to that level, and not just for her feature film projects.

UBS to lead European cross-border business from Switzerland

ZURICH (Reuters) – UBS will centralize its European cross-border wealth management business and run it out of Switzerland from June, the latest step within a series of reshuffles since merging its…

Goldman says jitters about U.S. yield inversion ‘overblown’

NEW YORK (Reuters) – Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are “overblown,” though an inversion is often…