License Root Tag

Asset managers stand to gain from an SEC-approved ETF structure since “selection of securities is the intellectual property for which they are paid fees.”

Protesters and nonprofits are ramping up criticism of the largest fund managers for what they say is insufficient action around the global environmental crisis.

MFA hired a former George W. Bush administration staffer to bolster its lobbying presence ahead of what promises to be a turbulent political year.

It’s the second straight year that Cliff Asness’ quant firm is announcing layoffs.

The $6 billion fund saw almost 3 million shares hit the tape after DoubleLine’s CEO touted its potential for retirees in his annual markets webcast.

It was the biggest annual leap for strategies focused on corporate or government debt since 2014, boosting assets to more than $800 billion, data show.

The fund will track the performance of companies that issue shares directed to either the investing public or the company’s founders and executives.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.

ETFs tracking themes — such as robotics, blockchain and cannabis — closed the year just 1% higher than where it started.

Some 225 funds traded for the first time over the past 12 months, down for a second-straight year.