Innovation in investing is a focus for many firms on Wall Street.
Will Kinlaw, Head of Research & Advisory at State Street Global Exchange, was with us to explain the company's investable indices that they just launched for institutional investors.
State Street is embracing a new investment model, rolling out investable indices. The company announced it had developed and begun licensing rules-based investment strategies for institutional investors.
Kinlaw has stressed that "this is not smart beta or thematic investing." Instead, the firm is focused on an active strategy in rules-driven index.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
