Stronger net sales in Europe bolstered global sustainable fund industry
Ticketmaster data breach highlights importance of investing in cybersecurity
European regulators aim to curb vulnerabilities revealed by March 2020 market stress
Firm resolved allegations of KYC, suitability, conflict failures
Mutual funds stuck in net redemptions, while ETFs remain in positive sales territory
Current rules too complex, pose greenwashing risks
Rating outlook remains negative as credit fundamentals weaken
Proposal would require seg fund disclosure of embedded costs
Markets drive industry AUM higher, net flows positive for large firms
Markets drove both mutual fund and ETF assets lower in April