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BlackRock’s iron grip on Europe bond ETFs defies competition

  Bloomberg Competitors to BlackRock Inc. are trying to loosen the investing giant’s stranglehold on Europe’s $153 billion bond exchange-traded fund market. They’re struggling to make much headway. The company’s market share has increased in recent years to 67 percent, data from Morningstar Inc. show, even as competitors add new funds and offer low fees. Rivals are being stymied because ...

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Canada’s Venture Exchange targets Americans for growth

  Bloomberg It’s a Canadian stock market, but the TSX Venture Exchange wants Americans to help fuel its growth. Traditionally known as a place where Canadians can buy shares of local junior miners, the exchange is branching out to other industries including technology. That’s an obvious fit for the head of the business, Brady Fletcher, who ran a tech startup ...

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How zombie firms stop productivity growth

    The global economy is picking up steam, but that’s deceptive. The foundations of expansion are soft, marked by weak productivity growth and inequality. The two are related. The productivity problem confronting the world’s advanced economies predates the financial crisis more than a decade ago. When we look beyond the headline statistics, patterns emerge. Advanced economies have become less ...

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