Finance

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.

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.

Fee pressure and improvements in data and analytics are among the leading issues the industry faces today, executives say.

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.