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Sri Lanka's People's Bank 'AA- (lk)' rating confirmed with 'stable' outlook economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
Fitch affirms Sri Lanka's People's Bank at AA -(lka); Outlook Stable lankabusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankabusinessonline.com Daily Mail and Mail on Sunday newspapers.
Vanguard Lowers Fees for Target Retirement Trusts Vanguard has announced it is lowering fees for its Target Retirement Trusts by 5% to 10% across the board, saving investors an estimated $20 million. Effective as of April 1, fees will fall between 0.25 basis points (bps) and 0.5 bps, depending on which program a client is invested in. This fee reduction for Vanguard Target Retirement Trusts follows Vanguard’s announcement in December of new lower minimums for the Vanguard Institutional Target Retirement Funds. The lower minimums saved investors an estimated $16 million as more participants gained access to lower-priced funds. Vanguard Target Retirement Trusts are organized as collective investment trusts (CITs), a type of pooled account that capitalizes on the economies of scale of larger workforces to lower costs. The trusts offer multiple price points so clients can reap the benefits of lower fees as plan assets grow. ....
SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC). The fund was developed to provide exposure to US dollar-denominated debt issued by sovereign and quasi-sovereign emerging market issuers. EMHC may provide investors with an attractive source of income and diversification benefits due to emerging markets debt’s low historical correlation to other global bond sectors. “With yields relatively low across US bond markets, investors are increasingly looking elsewhere to generate income,” said Sue Thompson, head of SPDR Americas Distribution at State Street Global Advisors. “Emerging market debt has seen solid growth over the last decade. However, we believe many investors may be under-allocated to this asset class. EMHC provides a convenient and cost-effective means to access emerging market debt while guarding against short-term fluctuations in the dollar.” ....
Legislature’s Senate Bill 22 power ploy puts Ohioans’ health at risk: Thomas Suddes Updated 5:34 AM; Today 5:34 AM In January, the Ohio Statehouse was encircled by fencing and windows were boarded up, with state troopers visible patrolling outside the building in downtown Columbus. Thomas Suddes in his column today chides Statehouse Republicans for using their legislative dominance to make Ohioans less safe with a law and veto override that throws public health into the dangerous realm of legislative whim. (Jeremy Pelzer, cleveland.com) Facebook Share If there were a Guinness Book of Irresponsibility, Ohio General Assembly Republicans would have earned themselves special mention. No, we’re not talking about school funding, nor about the $700 million that Ohio’s electricity customers must still pay to bail out two coal-fueled power plants, one in Indiana. ....