In the Margins
Vanguard Group is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday. Vanguard has successfully tested blockchain to automatically update data like the names and share prices of companies in index funds, processes that must currently be closely overseen by individuals, said Warren Pennington, a principal in Vanguard’s investment management group. Read the original story from Reuters.
Most Read
Today is the Summer Solstice, and what better way to spend some time on the longest day of the year than to plot out what to ...
Concerns over mutual fund boards' workload are increasing in the wake of the Securities and Exchange Commission's release this week of two new rule proposals. "There is ...
Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...
In late 2020, the Securities Exchange adopted new rule 18f-4 under the Investment Company Act of 1940, which provides for an updated and comprehensive regulatory approach ...