Asset managers

The $349 billion stimulus package from the Small Business Administration provides loans to cover payroll, rent and utilities for up to eight weeks.

“I do believe that clients sometimes get too caught up in expense ratios,” an expert says.

Wealth management firms have evolved past looking for a “flashy digital product” to solve their technology problems, MyVest CEO Anton Honikman says in an episode of Financial Planning’s Invest Podcast.

The fund will track industries such as cloud technologies, remote communications and cyber security, according to an SEC filing.

The smart-beta pioneer and sub-advisor to money managers has re-calibrated its forecasts after the coronavirus-induced crash reshaped markets.

“This market environment is a very good one for investors to do a self-awareness check,” an expert says.

Risk managers must be especially vigilant about the bets their traders are making to profit from current market dislocations brought on by the coronavirus.

Cash-hungry REITs are selling their portfolios at steep discounts as talks heat up over similar deals and even equity stakes in the companies themselves.

“Ideally, you would like clients to try not to make really short-term decisions, however this is an unprecedented situation,” an expert says.

Flagship funds at Ken Griffin's firm had been down 5.3% through March 20 before things turned around.

Even when the market was climbing to records earlier this year, John Miller’s risk appetite exceeded that of some of his peers.

Proponents have long touted the new structure as a way for the industry to compete with mutual funds.

Sales people are having a hard time marketing new products in isolation, one executive says.

The major issuers of leveraged products, which trade under the ProShares and Direxion trademarks, have each posted inflows of over $2.8 billion this month.

The manager may collect over $4 million per year for managing a separate portfolio of commercial mortgage-backed securities issued by government agencies.

Asset managers may need to reassess the assumption that’s become widely held in recent years: that inflation is dead.

The relief allows funds to obtain cash infusions through collateralized loans until the end of June.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

In need-for-speed markets lashed by the spreading coronavirus, this breed of rules-based trading is paying off.

With more than $80 billion in combined assets under management, the winners have started out the year with a loss.