Global turmoil roils emerging markets: Fitch

Weaker global growth, higher inflation, uncertainty add risk. Emerging markets face growing risks from the fallout of a global trade war and intensifying U.S. policy uncertainty, says Fitch Ratings. In a new report, the rating agency said that the global economic...

ESMA finalizes liquidity tool rules for funds

Regulation addresses liquidity, stability risks revealed by pandemic. European securities regulators have issued new guidance and standards for fund managers on the use of liquidity management tools — a key response to the stability risks that were exposed by the...