Goldman adds new bond fund to its $4bn ETF business
Goldman Sachs on Thursday launched a $50m exchange-traded fund that tracks an index of bonds issued by investment-grade rated companies, recent regulatory filings show. (WSJ)

Roll out of ‘fiduciary rules’ set to reform $16trn US retirement sector
The US on Friday will likely roll out most of the new regulations under the “fiduciary rule” proposed by the Obama administration two years ago, which is expected to shake up the country’s $16 trillion retirement industry. (FT)