Asset managers

Some of the same features that led to their unpopularity may also be what uncorrelated them from their peers, an expert says.

Withdrawals have topped $17.2 billion this year as investor money shifts to low-fee products.

The revamped fund from BP Capital will now track an index of companies that derive “significant revenue” from sustainable energy.

The activity began last Friday when 6.4 million shares hit the tape, fueling a record daily inflow for the fund.

Close to 80% of strategists cited competition from the mega-managers as their most significant challenge last year.

While bond investor anxiety previously focused on how the funds respond to abrupt withdrawals, skeptics are now homing in on secondary trading.

Regulators are asking cannabis fund providers to produce third-party legal opinions verifying they don’t violate state or federal laws.

The $3.7 million fund returned more than 40% in the second quarter, outperforming all domestic non-leveraged ETFs.

A new report asks whether the products have the potential to spark another crisis despite being created at the urging of the SEC to reduce risk.

The firm has shed fund holdings in defensive sectors such as health care and consumer staples.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.

The math wizards of the investment world are hoping to disrupt the established giants of the trillion-dollar credit market.

New products give institutional investors a fresh way to exploit the rise of machines.

An unprecedented 58 funds were closed in the six months through June, marking the industry’s worst-ever start to a year.

Ukraine, Nigeria and Kazakhstan offer opportunities because local developments dominate the direction of their markets, the M&G fund manager said.

Investors plowed into bullion-backed funds after the U.S. and China reached a truce in their trade war.

Eight of the top 10 have less than $100 million in assets.

Markets have been whipsawed by mounting concern over softer economic data and President Trump’s trade wars with major partners.

Bullion gains have intensified amid signs that the Fed and other central banks are turning more dovish on monetary policy.