Finance

The aggregator has bought 22 firms with $7.1 billion AUM since 2016.

Expenses have outpaced or matched revenue growth during the past four to five years, while aggregate fees declined almost 20%, a study found.

Bullion gains have intensified amid signs that the Fed and other central banks are turning more dovish on monetary policy.

The yield on Mozambique’s sole dollar bond, due 2023, has fallen almost 5 percentage points this month to 11%.

Of the 468 hedge funds that used Goldman Sachs’ prime brokerage services in the past decade, half have shuttered.

Though the fees are controversial, there may not be an easy way for the industry to abandon them.

The No. 1 IBD has stopped offering the higher-yield funds in its automated bank deposit programs, but it notes they’re easily accessible in investment accounts.

Under new leadership, the firm’s iShares unit intends to create funds that it says go beyond traditional sectors and geographic focuses.

More than 25% of the products were sold with shorter or static maturities in the first quarter, compared with only 10% for the same period last year.

The losers “offer exposure to extremely narrow and volatile segments of the market,” an expert says.