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Economics

Daily economic update

BY BENJAMIN ONG | FRIDAY, 19 MAY 2006 11:22AM

The pattern of it's on again off again - rate hikes that is - continues in the US. Financial markets settled down slightly overnight following calming words by US Federal Reserve officials.

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Editor's Choice

Is demand for active ETPs genuine beyond outlier conversions?

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As the active exchange-traded product (ETP) market continues to grow, new Rainmaker Information research asks whether demand has genuinely improved or if it is underpinned by conversions from three investment managers delivering "three exceptional months of work"?

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