Asset managers

The funds have the potential to distort stock prices and to inspire a large-scale market sell-off.

TPW Investment Management aims to provide alpha-generating ETF-based investment solutions.

The firms are seeking to tap into the growing demand for ethical investing.

Data reported by the Investment Company Institute.

The $55 billion of new cash last week from global investors was the most since 2013.

The holdings demonstrate “resiliency over several credit cycles, with low realized principal losses and robust returns for CLO equity,” managers say.

The smallest of UBS’s operating divisions is said to have eliminated at least 100 positions in areas including distribution over recent months.

The quant crowd is justifiably concerned by the lack of objective statistics available.

While passive funds track an index, active managers can still beat the averages and earn the much-discussed small-cap premium.

“It’s incredibly important to have diversity. Period,” says Kara Murphy.