ETFs: When companies are blacklisted
When the US increased sanctions against China increased earlier this year, it showed how the ETF industry can be vulnerable to government policy.
Benchmark providers revised listings, removing various Chinese companies from indices, while ETF providers such as BlackRock and Vanguard had to offload billions to comply with the new restrictions.
Geopolitical tensions are to be expected when investing in emerging markets. “It’s the nature of the beast,” says Mark Fitzgerald, head of product specialism at Vanguard, speaking to
Funds Europe for the latest edition of the ETF report.
Vanguard was heavily impacted by the sanctions as it had significant exposure to the Chinese market.
TORONTO Canadian automotive workers are among those who have been temporarily laid off as a worldwide shortage of semiconductors, used in computer chips in vehicles, brings several industries to an abrupt halt. The measure affects all shifts at General Motors’ CAMI plant in Ingersoll, Ont., a town approximately 30 kilometres east London, Ont., until at least mid-March. GM confirmed about 1,500 affected hourly employees are eligible for layoff benefits. Mike Van Boekel, Unifor’s chairman for the CAMI plant unit attributes the chip shortage to a disruption overseas, preventing further production. We were told that there s a semiconductor issue that mostly comes out of China or Taiwan. There s a couple of different plants they are way behind on production, Van Boekel told CTV News.
In the first installment of this series, we introduced the managers of four of Wisconsin’s newest venture funds and angel investor networks: Winnow Fund,
1 month ago
BOSTON–(BUSINESS WIRE)–
” report, “Operating Systems for Autonomous Driving: Automakers Transitioning to Software Companies”, tracks automakers, suppliers, platform enablers and start-up companies who are working towards the adoption of complicated operating system platforms required for high levels of automated driving.
The report outlines the different types of operating systems, middleware and other software solutions, while discussing on the fact the many major automakers are transitioning into becoming a software company. Automakers such as Toyota and Volkswagen are aiming to release its own software stack and operating system for the whole of its automotive ecosystem. These OEMs want to have control over the software-defined platform that is being created in the automotive world, similar to what is happening to the mobile phone industry today.
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Holy Trinity National School in Fethard. Photo from Google Maps.
There’s good news for a County Tipperary school as it’s been given the green light to expand.
Holy Trinity National School in Fethard has been approved under the Additional Accommodation Scheme for the coming year.
Councillor Mark Fitzgerald says its very welcome news for the school on the Rocklow Road.
“It’s been approved for a two classroom extension under the Additional Accommodation Scheme 2021.”
“It’s a great scheme and usually only a couple of schools in the whole county benefit so it’s great to see the school in Fethard getting the funding for these additional classrooms. I’d just like to congratulate the Principal Triona Morrisson and all her staff for the hard work they’ve put in on this.”