While the error at Vanguard was short-lived and the dollar value small, the mishap raises new questions about how ETF managers monitor the indexes that underlie their portfolios, whether or not they have a socially responsible mandate.
The likes of JPMorgan Chase & Co., UBS Wealth Management and Sanford C. Bernstein have written off U.K. shares from their investment playbooks until there’s more political clarity.
Koch, 79, died after years of fighting various illnesses. Through the David H. Koch Foundation, he pledged or contributed more than $1 billion to philanthropic causes.
Financier and convicted pedophile Jeffrey Epstein was in jail awaiting trial on charges of conspiracy and trafficking minors for sex when he hanged himself.
U.S. Treasuries that mature in one year are providing bigger after-tax yields than traditional municipal debt, according to AllianceBernstein.
Investing overseas is one advantage they have over their parents.