Two Tennessee pension funds sue BlackRock's iShares over pocketing too much securities-lending revenue.

Despite last year’s surge in interest in low-volatility investment strategies, it’s low-vol’s mirror image, high beta, that’s been providing equity investors with a kick during the last year.

According to Markit Securities Finance, risky, relatively volatile shares have outperformed the broader equity markets on both sides of the Atlantic since the beginning of 2012, despite having above-average levels of short interest.

At a meeting this morning of the European Union’s Economic and Financial Affairs Council (ECOFIN) 11 of the EU’s 27 member states have agreed to push ahead with plans for a financial transaction tax (FTT).

The European Commission, the EU’s executive arm, proposed a region-wide FTT in 2011, but failed to receive the unanimous region-wide approval normally needed for a tax measure.

Fund manager offers insurer-of-last-resort facility to more securities-lending clients—but at what cost and whose risk?

Owners of marginal ETF businesses should consider selling now, rather than hoping for a windfall, says former head of iShares.

iShares, predicting a growing ETF wave internationally, sees European assets doubling in three years.