It turns out there are some very precise words for some very strange emotions. Lauren Foster provides a rundown and curates other selections on the Oscars, agnotology, or the purposeful propagation of ignorance, and much more, in Weekend Reads.
Barbara Roberts shared the lessons she has learned in her over 20 years as an entrepreneur and entrepreneur adviser at the CFA Institute Alpha and Gender Diversity conference. She focused on what she calls “the owner’s journey,” specifically the issues owner-entrepreneurs must navigate in managing their wealth.
Northern Trust's FlexShares has brought to the New York Stock Exchange three exchange-traded funds aimed at delivering low volatility. The FlexShares US Quality Low Volatility Index Fund, the FlexShares Developed Markets ex-US Quality Low Volatility Index Fund and the FlexShares Emerging Markets Quality Low Volatility Index Fund buy stocks of companies that have been screened for high cash flow, management quality and profitability. ETF (17 Jul.)
Canadian, European and Japanese banking groups have criticized a proposal by the Federal Reserve to impose liquidity standards on foreign banks' US branches. The groups say "all capital and liquidity would become ring-fenced and fragmented along geographic lines" if other jurisdictions were to follow suit. MLex (subscription required) (17 Jul.)
Enforcement by national financial regulators varies significantly among EU states. Practice Insight reviews practices in four major jurisdictions: France, Germany, the Netherlands and the UK. Practice Insight (17 Jul.)
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