“It’s hard to picture an asset class that’s more biased toward benefiting from active management,” says David Schassler, manager of the active VanEck Commodity Strategy exchange-traded fund (PIT). One basic flaw is that important commodities are left out of benchmarks, leading to inefficiencies.

Shares have sunk because it is perceived as an auto-parts supplier, but the planned Aptiv spinoffs have growth potential.

Gilts hit hard by global rise in bond yields as ‘stagflationary’ concerns add to pressure on economy

France, a cornerstone economy in Europe, is rapidly becoming one of its weakest links as a political and debt crisis loom.

Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges