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Fixed-Income Securities Are Looking Like An Outstanding Asset For This Year: Q&A With Juan Nozal, Fixed Income Portfolio Manager At MAPFRE Asset Management

Date 22/02/2024

Q: How long have you been at MAPFRE AM, and what is your specific role there?

A: “I joined the management team at MAPFRE AM five years ago, specifically in the fixed income area, where I’m responsible for managing investments for the life and non-life insurance portfolios. Our area performs a wide range of tasks. For example, we’re responsible for aligning investments with the company’s liabilities, and for managing the company’s own funds. We’re also in charge of proposing new investment ideas for the wider network.”

Is This Time Different? Recent Monetary Policy Cycles In Retrospect, Federal Reserve Vice Chair Philip N. Jefferson, At The Peterson Institute For International Economics, Washington, D.C.

Date 22/02/2024

I will take this opportunity to share with you my outlook on the U.S. economy and some upside and downside risks to which I am paying special attention. Also, I will review past monetary policy cycles and discuss what lessons we may learn from them. With that, let me turn to my outlook for the U.S. economy.

Tsitsi Mutiti Chartered FCSI Of Charles Stanley Wealth Managers Wins CISI Mentor Of The Year

Date 22/02/2024

Financial services education professional body and charity, the CISI (Chartered Institute for Securities & Investment) is delighted to announce that Tsitsi Mutiti Chartered FCSI has won the inaugural CISI Mentor of The Year award 2024.

Finansinspektionen: Comprehensive Overview Is Important When Changing The Conditions On The Housing Market

Date 22/02/2024

FI has received an assignment from the Government to assess an increase in the loan-to-value (LTV) cap from 85 to 90 percent. At the same time, the Government proposes phasing out the tax deductibility for unsecured loans. We assess that an increase in the LTV cap would lead to higher household indebtedness and an increase in associated risks. This assessment holds even if interest rate deductions for unsecured loans are phased out. We also take the position that it is appropriate to await the results of the ongoing inquiry into both the LTV cap and the amortisation requirement and consider any changes to the measures comprehensively.

MIAX Named Best Trading Platform At The Fund Intelligence Operations And Services Awards 2024

Date 22/02/2024

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX SapphireTM), Minneapolis Grain Exchange, LLC (MGEXTM), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX), and Dorman Trading, LLC (Dorman Trading), today announced that MIAX has been named the "Best Trading Platform" at the Fund Intelligence Operations and Services Awards 2024.

ICE First Look At Mortgage Performance: Foreclosures Up But Delinquencies Improve As The Mortgage Market Kicks Off 2024

Date 22/02/2024

• In an expected rebound from December’s calendar-driven rise, the national delinquency rate dropped to 3.38% in January, the lowest level since October, and flat from the same time last year
• Past-due mortgages were down across the board, as inflows and rolls to later stages of delinquency fell, while early- and late-stage delinquency cures improved
• Serious delinquencies (loans 90+ days past due but not in active foreclosure) were down 109K (-19%) year over year, with the population now at 470K
• Representing 7.2% of serious delinquencies, January’s 34K foreclosure starts – the most since April 2022 – marked a +43.3% month over month jump, driven in part by seasonal pressures
• The number of loans in active foreclosure rose 7K to 219K, but remained 23% below (-64K) pre-pandemic levels
• 6.6K foreclosure sales were completed nationally in January, a 23% increase from the previous month but in line with the monthly average for the preceding year
• While January’s jump in foreclosures is worth watching, serious delinquencies remain low, with 70% of such loans still protected from foreclosure, reducing near-term risk
• Prepayment activity rose marginally as recently easing interest rates in December and January provided a modest increase in refinance incentive and homebuyer demand

Revised Lists Of The Moscow Exchange Indices Announced

Date 22/02/2024

Depositary receipts of QIWI PLC (code: QIWI, ISIN: US74735M1080) are excluded from the constituent lists of the MOEX Russia Index (IMOEX, IMOEX2), the RTS Index (RTSI) and the MOEX Active Management Index (IMOEXW), the MOEX Broad Market Index (MOEXBMI) and the RTS Broad Market Index (RUBMI), the MOEX Financials Index (MOEXFN) and the RTS Financials Index (RTSFN), the MOEX SMID Index (MCXSM) and the RTS SMID Index (RTSSM), the MOEX Innovation Index (MOEXINN) from February 27, 2024.

Singularity Closes $2.2M In Latest Funding Round To Provide Institutions Confidential Access To DeFi

Date 22/02/2024

Singularity, founded in late 2022, has successfully concluded its second funding round at the end of 2023, with this round led by Gumi Cryptos Capital. The funding will support the development of its protocol, aimed at facilitating compliant access to DeFi as well as ensuring commercial confidentiality for all on-chain activities, with an emphasis on institutional users.

XTX Markets Announces Launch Of New Machine Learning Division 'XTY Labs' Headed By Dr. Atlas Wang

Date 22/02/2024

XTX Markets, a leading algorithmic trading company, is excited to announce the launch of XTY Labs, a new machine learning division to be headed by newly appointed Research Director, Dr. Atlas Wang.

Espe Lists on Euronext Growth Milan

Date 22/02/2024

• 3rd listing of 2024 on Euronext Growth Milan

• 6th listing on Euronext in 2024

• Total placement volume of the offering equal to €2.1 million