Asset managers

Nearly all bested the broader market at roughly a third the price of the average fixed income product.

After hitting the lowest level since January, the fund climbed on Tuesday as the Trump administration made efforts to de-escalate its dispute with China.

The regulator postponed until October a ruling on whether listing rules can change to allow two cryptocurrency funds to start trading.

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.

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

Although many underperformed the broader market, just over half posted double-digit gains.

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

Data reported by the Investment Company Institute.

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

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