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The China growth story is putting increasing pressure on index providers to maintain the integrity of their indices. Emerging markets indices, for instance, may be becoming irrelevant. According to Rob Lovelace, the president and vice-chairman of Capital Group and one of the world’s most influential investors, the index providers “don’t really want to be the…
August gains lost in a day, QBEs culture crisis, RBA looking dovish, higher open ahead With reporting season complete, markets are once again turning to economic data and vaccine hopes. It wasn’t a great start to Spring, with the ASX 200 (ASX:XJO) falling 1.8% and giving back nearly all the gains achieved in August. The…
Last week’s wellbeing budget in New Zealand was based on the Livings Standards Framework (LSF), a set of wellbeing measures that include cultural identity, environment, income and consumption, and social connections. But these provide no overall index of the nation’s performance.