Asset managers

More than half of advisors would consider buying a smart beta muni bond ETF for clients, according to a Columbia Threadneedle poll.

One fund traded more than 800,000 shares in August, its second-largest monthly volume since inception.

The Fidelity Zero Total Market Index Fund attracted $753.5 million through Aug. 31, while the Fidelity Zero International Index Fund gathered $234.2 million, according to Fidelity’s website.

The fund hasn’t seen a day of inflows since June.

The cuts are said to range across several businesses in the group.

Investors moved nearly 2 million shares worth $55 million into two SPDR funds in a matter of hours.

With $145 million of net inflows, the fund is on track for its best month since June 2017.

Elkhorn Capital is being sued by investors who say its founder misrepresented a marketing relationship with Barclays.

Fee wars are great for clients, but don’t judge a fund solely on its expense ratio.

The legendary manager’s Unconstrained Bond Fund ended July down almost $1 billion from its February peak.

State Street and Goldman Sachs are planning a series of funds that would invest in everything from robotics to deep-sea exploration.

The shift in strategy comes as central banks move away from policies that have buttressed markets since the financial crisis.

“Are we reactive to what one competitor does? Absolutely not,” CIO Greg Davis says.

A younger cadre of managers led by new President Jonathan Gray is moving up.

High-yield credit volatility has actually declined since the products first came on the scene.

The firm says it's likely to benefit from the strategy by luring new clients and earning fees on securities lending.

The flood of new money may be evidence that investor angst is confined to the highest-flying tech segment and not the industry at large.

The fund’s portfolio management team began dumping exposure to the social media giant in light of the Cambridge Analytica scandal.

The SEC called into question the ability of the cryptocurrency’s exchanges to sufficiently police trading.

Expected to raise $1 billion, the listing could encourage new offerings from many of the country’s cash-starved property firms.