Thanks to the surging popularity of passive investing, MSCI and a handful of its rivals are quietly replacing the giants of money management.
Silver touched a two-year high and gold rallied for a fourth day after the Brexit vote spurred demand for havens.
Quantum Advisors, which picks Indian stocks for Norways $860 billion wealth fund, says investors should stay away from index investing in Asias fourth-biggest market.
State Streets asset management unit said Nick Good and Rory Tobin will take over management of the firms global exchange-traded funds business.
Faced with negative interest rates in their own countries, foreign banks and pension funds are looking increasingly toward U.S. municipal bonds.