Active investment managers argue that increased market volatility provides an environment in which their stock-picking skills can shine. The world’s largest pension fund wants them to put their money — or rather their fees — where their collective mouths are. Japan’s Government Pension Investment Fund (GPIF), which has about 163 trillion yen ($1.5 trillion) of assets, is changing how it ...

A period of tranquility in Asian central banking appears to be ending, and that’s not a bad thing. India and Indonesia are probably done cutting interest rates. Their next steps are likely to be hikes, with the Philippines following suit. While these nations’ central banks are minnows relative to the Bank of Japan and People’s Bank of China, their rate ...

Facebook Inc. is trouble. It’s in trouble, too, with politicians in multiple countries now sniffing into its lackadaisical approach towards protecting user privacy and investors knocking $95 billion (about 18 percent) off its market capitalization in the past week and a half. But the company also just seems congenitally inclined to push things too far, to treat its users again ...