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Nordea rolls EM small-cap fund into wider wealth strategy

Nordea rolls EM small-cap fund into wider wealth strategy
citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.

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Retirement Industry People Moves

CFP Board Names New D&I Director
The Certified Financial Planner Board of Standards Inc. (CFP Board) has named Dawn Harris as its director of diversity and inclusion (D&I) for the Center for Financial Planning.
In this newly created position, Harris will be responsible for advancing diversity and inclusion programs and growing the number of diverse CFP professionals within the financial planning profession.
“CFP Board and the center are committed to advancing a culture of diversity and inclusion throughout the financial planning workforce,” says
CFP Board CEO Kevin R. Keller. “Dawn brings experience and skills that will strengthen our D&I strategic objectives and programs that help drive a more diverse financial profession.” ....

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Retirement Industry People Moves

Retirement Industry People Moves
plansponsor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plansponsor.com Daily Mail and Mail on Sunday newspapers.

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ASX to bounce, bond selloff eases

ASX to bounce, bond selloff eases
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Australian shares are poised to open higher, recouping some of Fridayâs losses, as the panic selling in government bonds abated.
The currency continued its fast retreat after briefly trading above US80Â¢ on Thursday; it traded below US77Â¢ and then steadied as traders repositioned after a suddenly wider gap between US and Australian bond yields.
In New York, the Nasdaq ended higher, bolstered by mega techs even though their early rally faded into the close. The Dow shed 470 points or 1.5 per cent.
US markets âfound some firmer footingâ and US Treasuries were âwell bidâ, TD Securities said. The yield on the US 10-year note fell 11 basis points to 1.40 per cent. ....

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China, Hong Kong stocks drop over 2% as bond yields surge

HK->Shanghai Connect daily quota used -3%, Shanghai->HK daily quota used -1.8%
FTSE China A50 -2.1%
SHANGHAI, Feb 26 (Reuters) - China and Hong Kong stocks fell sharply on Friday, in line with broader markets, as a rout in global bonds sent yields flying and dampened appetite for risky assets.
The CSI300 index was down 2.1% at 5,352.60 points at the end of the morning session, while the Shanghai Composite Index lost 1.8% to 3,519.09 points.
For the week, CSI300 slumped 7.4%, set for its worst week since Oct. 12, 2018, while the SSEC dropped 4.8%.
The Hang Seng index dropped 2.4% to 29,342.49 points, while the Hong Kong China Enterprises Index lost 2.7% to 11,404.68. ....

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