Asset management

Industry veterans have warned that packaging the loans into funds that are easily accessible could pose a risk to retail investors unfamiliar with collateralized loan obligations.

Clients opened almost 1.2 million retail accounts, boosting flows to mutual funds and ETFs, the firm reports.

As the S&P 500 flirts with record-high levels, many participants are mulling whether it’s time to take profits or push for more returns.

While the money held in delisted products is a fraction of the overall exchange-traded market, analysts warn those billions could be time bombs.

“How many minority-owned ETFs do you know?” an advisor asks.

Now, with a flood of day traders entering the market, a memorable moniker could be more valuable than ever.

High unemployment, rising virus cases and the upcoming presidential election are causing clients to change their strategies, advisors say.

While Guinness Atkinson pursues the first full mutual fund-to-ETF conversion, similar moves have begun elsewhere in the fund industry.

Here’s what leaders around the world say must be done.

The scant personal details that do surface depict a clan allergic to the limelight, scornful of excess and almost comically unpretentious.