Banco Popular de Puerto Rico

The $814 billion Beijing-based investment firm has more than a third of its portfolio in alternative assets.

Outlook for faster growth is supporting developing-nation bonds despite the increase in U.S. and European rates over the past year.

Investors are fleeing debt-riddled companies amid the anticipation of rising rates and growing corporate leverage.

The new offering is intended to offer passive index and ETFs that track markets as well as active.

Prudential’s asset management unit is taking a different approach as firms like Vanguard are forcing industrywide retrenchment.

After yanking $719.9 million from a technology fund in May, investors poured $1.78 billion in one day to another fund in the sector.

Central bank rate policies are artificially driving up asset prices while creating little growth in the real economy, the Janus bond fund manager suggests.

The legislation ― called the Financial Choice Act ― has little chance of passing the Senate in its current form.

The money manager created the new role in order to accelerate the growth of the funds.

QIM’s Tactical Aggressive Fund ended May up 13%, adding on to a 9.2% gain in April.