Closet indexing refers to the situation in which asset managers claim to manage their funds in an active manner while in fact tracking or staying close to a benchmark index. The authors of the study looked at annual fund-level data for the period 2010 … read more
The European Union strongly condemns today’s attack against First Vice President Amrullah Saleh and expresses its full support to the democratic institutions of the Republic. We express our condolences to and solidarity with the families of the civilia… read more
We live in a world where interdependence is becoming more and more conflictual, in particular with the growing strategic rivalry between the US and China. We also see a broader trend towards competition between countries and systems, especially with s… read more
Today EU ambassadors agreed the Council’s position on the 2021 EU draft budget. In total, the Council’s position for next year’s budget amounts to €162.9 billion in commitments and €164.8 billion in payments. The 2021 budget will help the EU to addre… read more
The EU is working on legislation to ensure the safe and efficient operation of the Channel Tunnel railway connection between continental Europe and the United Kingdom (Channel Fixed Link) after the end of the Brexit transition period. Today, the Counci… read more