Meanwhile, Biogen shares jumped 6.0%. BIIB makes up 5.0% of BBH’s underlying portfolio and 3.3% of IBB.
The U.S. Food and Drug Administration approved an additional three months of review of Biogen’s Alzheimer’s drug and will make a decision on the potential blockbuster drug, aducanumab, on June 7, the Wall Street Journal reports.
If aducanumab is approved, the company could have developed one of the bestselling drugs in the world, adding years of potential revenue and profit growth. However, if rejected, Biogen will have to make do with a number of aging multiple-sclerosis drugs that show declining revenue.
Biogen said it submitted additional analyses and clinical data to the FDA for a request for more information, which added to the the prolonged review time.
Rise Of Catholic Investing Boosts ESG Trend
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Catholic investing joins Islamic finance, ESG metrics, and green bonds as a way of making money ethically.
January 29, 2021
The world s more than one billion Catholics look set to flex their investment muscles following the launch of a certification system for endorsing financial products that adhere to their faith s teachings and values.
In June 2020, Italian consultancy Nummus.info which is owned by the Italian Episcopal Conference and other institutions linked to the Catholic Church started offering the certification system, which screens investments based on a simple yes or no do they or don t they comply with Catholic values? So far, more than 20 different banks and assets managers including Deutsche Bank, Nordea and Raffeisen have had their investment products endorsed by the system.
The Globe and Mail Published January 26, 2010
This article was published more than 10 years ago. Some information in it may no longer be current. Text Size
Welcome to our beginner investor education program. This is the second of a six-part series. You can read the first part .
For investors who are just getting their feet wet, mutual funds have several advantages.
They re easy to buy and sell. They offer instant diversification. And they provide the peace of mind that comes with having a professional at the wheel, so you can get on with your life while someone else sweats over what stocks to invest in.
How Emerging Markets Debt Can Help You Fight Domestic Inflation January 29, 2021
In modest allocations, emerging markets assets are functional in retirement portfolios and that’s particularly true on the fixed income side. Enter the
EMLC seeks to replicate the price and yield performance of the J.P. Morgan GBI-EM Global Core Index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. While the asset class is currently struggling, there’s still a case for emerging markets debt denominated in local currencies.
The case for EMLC gets a lift when considering how emerging markets foreign currencies (EMFX) should be boosted by the declining dollar.