Portfolio

A new fund from Pacer ETFs will track an index of companies offering products, technologies and services that are currently in high demand.

Dubbed Disco III, the fund will target leveraged loans, high-yield bonds and collateralized loan obligations.

Some of the industry’s largest names took a hit in last month’s market tumult, including funds run by Ray Dalio, Michael Hintze and Adam Levinson.

The clearing and custody giant isn’t saying which company paid it a notable breakage fee this quarter.

The holdings in these top-performers “are companies that will be replaced, from a performance standpoint, over the next decade,” an expert says.

The firm is making changes to its small household policy, which it had previously tightened prior to the current public health crisis.

My broker-dealer warned that since it’s a forgivable loan it could be seen as a compromise with creditors.

The global pandemic has flipped the market upside down, turning the industry’s most-valued customers into risky bets.

Analysis of two funds in particular shows how important the industry has become to the oil futures markets, as they have attracted record inflows.

A lull due to the coronavirus appears to be over, according to the No. 1 IBD’s top recruiter. The firm is still competing against a slew of rivals for ex-wirehouse reps.