Review finds widespread failings in asset managers' practices and governance
FSB, IOSCO issue policy proposals to address redemption challenges
ETF sales climb, but mutual funds remain in net redemptions
System-wide review launched in response to recent liquidity crunches in stressed markets
Regulators seek to address liquidity issues that arose amid the pandemic
The backlash to ESG investing fails to find traction with investors, Morningstar reports
Rating agency says strategic partnership has attractive benefits for all players
Markets, investment funds remain vulnerable to rising stress
Review found weakness in firms' valuation processes, procedures
Mutual fund redemptions rose and ETF sales slid, as investors fled equities