Pro stock pickers cannot beat simple math — war in the Middle East is proving it
Active stock pickers almost always lose against the broad market. They can’t beat simple math.
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The platform fee is 0.34% and trades will not incur a dealing charge. Credit: MMD Creative/ Shutterstock.com Moneysupermarket is due to introduce an investment platform, giving users the ability to open accounts and buy and sell mutual funds and exchange traded funds, reported the Financial Times. The step will bring parent company Mony Group into…
California Sues Five Cities for Failing to Comply with Housing Law
California is suing five cities for repeatedly failing to plan for their share of housing, Gov. Gavin Newsom announced. KTLA reported that Attorney General Rob Bonta and the California Department of Housing and Community Development (HCD) filed lawsuits against Calexico, Costa Mesa, Half Moon Bay, Ridgecrest, and Turlock. The suits accuse each city of violating…
CIRO takes over Québec mutual fund rep oversight July 4
CIRO framed the change as a matter of clarity. “We are honoured to expand our involvement in the regulatory oversight of mutual fund representatives in Québec,” said Andrew Kriegler, the organization’s president and CEO. He said the announcement created “greater regulatory clarity and a single point-of-contact for mutual fund dealers and their representatives, which will ultimately serve…
Middle East’s best Islamic transaction bank 2026: First Abu Dhabi Bank
In a region where trade, capital and liquidity increasingly move across borders, First Abu Dhabi Bank (FAB) has built a proposition that combines a strong domestic franchise with regional connectivity. It has created a platform that supports clients across the Middle East through a growing suite of Islamic cash management, liquidity and trade finance solutions….
Arada launches first phase of £2.5bn Thameside West regeneration
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Landlords Sue Rental Board, Claiming ‘Sham Process’ Led To Rent Freeze
A month after the New York City Rent Guidelines Board voted to freeze rents on all stabilized leases, a group of landlords has filed a lawsuit claiming that the process was illegally influenced by the mayor. The complaint, filed Wednesday, accuses the RGB of failing to act independently and reverse-engineering the evidence used to justify its…
