Starting Anew

ON BALANCE

Like our last few columns, this edition of IMD focuses on several trends. This issue, though, features a new development: the move toward delivering evaluated fixed-incomeprices at 4pm EST rather than 3pm.

As explained on page 1, a delay of 60 minutes can make a big difference. To supporters, it means that the prices will be more up to date and include additional price changes and corporate actions. Those opposed are worried about the practicalities of calculating and reporting net asset valu

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