Infrastructure investment in India is a long-term theme, and is going to require a lot of raw materials and fuel sources. It's one thing to generate power; it's another thing to actually distribute that power.
A New York Fed white paper from April of 2014 explores the idea of imposing withdrawal fees on money market funds. The publication concludes that there is a real possibility that suspending convertibility, including the imposition of gates and/or fees for redemptions, can create runs
We doubt that these old-school managers were truly better off in the pre-HFT world, but it's hard to prove either way. And if they're right, it may be only because HFTs have made the markets more efficient
The MSCI Emerging Markets Index slid 0.9 percent to 970.98 at 8:31 a.m. in New York, heading for the lowest level since Sept. 6. A private gauge of Chinese service industries declined in December after official reports on services and manufacturing also retreated last week.