Asset management

BlackRock’s CEO said he fears big ideas and impromptu “water-cooler moments” will be lost as businesses operate remotely via video conference calls.

Despite its risks, the fund has become popular with day traders, who pushed its volume to new highs this month, according to a report.

A rising appetite for achieving specific investment objectives, such as sustainable investing, is the main driver behind the projected rise in their popularity.

As the Fed cuts borrowing rates and supports the investment-grade corporate bond market, some investors are looking for higher returns, an expert says.

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.

At the height of pandemic-related job losses, 18.9% of Americans with disabilities were unemployed, data show.

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

It’s the second consecutive quarter that trading set a record, as the bank’s Wall Street unit is helping prop up the consumer-lending division.

With Treasury yields now hovering around zero, and likely to stay there for years, expected gains from the traditional asset mix are in doubt.

Funds that follow a similar approach lost 5.1% over the period, according to Hedge Fund Research.

Over the past 15 years, Black participation in the industry has stalled at a mere 8% — a figure that typically dwindles heading up the leadership ranks.