Blog

SPDRs Get More Specific: a Look at the New ETFs XLFS and XLRE

As of this month, the Financial Services Select Sector SPDR Fund (ticker: XLFS) and the Real Estate Select Sector SPDR Fund (XLRE) are open to investors. For 17 years, the Financial Select Sector SPDR Fund (XLF) was the sole financial sector offering in the SPDR camp, providing a blend of companies such as banks and insurance companies.

Oil bosses fight for relevance before climate talks

By Ron Bousso, Susanna Twidale and Bate Felix LONDON/PARIS (Reuters) – Oil and gas industry leaders will launch a final charm offensive on Friday to highlight the sector’s relevance in the global fight against climate change before a key summit in Paris later this year. In an unprecedented public appearance, the bosses of Europe’s top oil companies, who earlier this year jointly called on governments to introduce a global carbon