Asset management

Wild price swings that have exceeded double-digit percentages in a single day have spurred the regulator to keep a close eye on volatility.

Funds of funds, pensions, consultants, family offices and endowments have pulled $16.4 billion from generalist long-short equity funds this year.

The price rise and concurrent yield slide on BB-rated bonds is giving some planners pause.

Under the proposed structure, the funds will conceal a portion of their assets and instead publish a list of securities that’s highly correlated to the performance of the portfolio.

Cash flow has subsided and market conditions have changed since the fund was closed to most new accounts in 2016.

The indexing giant’s pilot Digital Advisor will be priced at 15 basis points, but allocate client assets almost entirely in proprietary funds.

"Asset managers, like many businesses today, are being asked to do more with less," an executive says.

The firms broke with Climate Action 100+, a group of money managers overseeing more than $33 trillion, during this proxy season.

Some accuse index funds of promoting monopolies and distorting markets, among other horrors, but nothing has stemmed the wave of inflows to passive.

“What we’re trying to build here is something that stands the test of time,” says Todd Boehly.

Investment in technology and data management is becoming increasingly critical to distribution, and to managing regulation, reporting and operations.

Claims by one firm executive that systematic investing “lends itself to providing liquidity” remain largely untested in a post-crisis bull.

Digital firms are launching platforms to cater to faith-based investors.

The simple addition of an exclamation mark to the names of some mutual funds led to significant declines in net flows, researchers find.

Newday’s tools include content centered around clients’ issues of focus and, soon, a corn-based compostable debit card.

Of the 25 new ETFs, the majority come from JPMorgan and investment company Direxion.

The industry is embracing new technology, big data and alternative investment strategies as clients demand more from funds.

CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.

Gaining notoriety and AUM is a challenge without a long-term track record, an extensive distribution network and a well-planned marketing strategy.

If approved, the actively managed product will hold anywhere from 60 to 100 equities across sectors and will have no position holding over 5%.