Banco Popular de Puerto Rico

The simple addition of an exclamation mark to the names of some mutual funds led to significant declines in net flows, researchers find.

As much as $18 billion of inflows to money market funds last week were partly driven by the desire to “take some chips off the table,” an expert says.

Managers will actively evaluate an asset’s characteristics — its value or momentum, for example — to determine what to buy.

FNG is one of a growing number of actively managed ETFs that have the freedom to tune their exposure whenever they want.

Anticipation of a prolonged U.S.-China conflict is mounting, and “it’s possible that a currency war will start as well,” an executive says.

The asset manager said it’s seeking a head of ETF capital markets in a post on LinkedIn.

If reached, the deal would precede a potential IPO of the $52 billion firm, which oversees asset allocations of domestic and offshore pension funds.

Prosecutors said Robert Shapiro used investor money for his $6.7 million home and $3.1 million for chartering planes and for personal travel.

Like many trusts, the fund was designed to expire in 25 years, however tying it to the lives of a group of children born in the early 90s extended its own life.

Some managers have taken on more risk amid a decades-long decline in interest rates and slow global economic growth to meet long term targets.