Finance

Genstar puts consolidator Mercer Advisors up for sale.

The firm has shed fund holdings in defensive sectors such as health care and consumer staples.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.

For clients’ portfolios that need international diversity, these funds focus on the region.

The math wizards of the investment world are hoping to disrupt the established giants of the trillion-dollar credit market.

New products give institutional investors a fresh way to exploit the rise of machines.

The firm is snapping up five- and 10-year notes as it predicts slowing inflation and trade tensions will push the Fed to lower its benchmark 75 basis points.

An unprecedented 58 funds were closed in the six months through June, marking the industry’s worst-ever start to a year.

Ukraine, Nigeria and Kazakhstan offer opportunities because local developments dominate the direction of their markets, the M&G fund manager said.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

Investors plowed into bullion-backed funds after the U.S. and China reached a truce in their trade war.

There is growing disquiet among those who run and invest in the products about potential problems that might be caused by rate cuts from the Fed.

Eight of the top 10 have less than $100 million in assets.

Markets have been whipsawed by mounting concern over softer economic data and President Trump’s trade wars with major partners.

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.