Asset managers

ESG ETFs currently hold a combined $6 billion in assets. The firm expects that will grow to $500 billion in the next decade.

Indexes typically tracked by the funds are often excessively allocated to Treasurys and mortgage-backed securities.

One VanEck fund had $574 million of outflows, the most since June and almost 40% of its assets.

The new fund is part of State Street’s larger plan to push into so-called thematics.

The fund culls data on more than 6,000 public companies each day before picking about 100 of them to own.

The deal is the latest consolidation in the industry, which is experiencing pressure on revenues as investors flock to low-fee, passive index and ETFs.

Some have piled into utilities and long-duration Treasury hedges, while others bulked up exposure to rate-sensitive banks and a chunk did a bit of both.

Outflows were offset by the firm’s iShares ETF business, which saw net inflows of $33.7 billion in the period.

Investors flocked to ultra-short bond funds as few are willing to bet against persistent rising rates.

A new fund awaiting SEC approval seeks “to address the concerns of vegans, animal lovers and environmentalists.”

One of the firm’s corporate bond funds is down 4.3% this year, while another has lost 5.4%.

Advanced analytics is helping generate alpha, experts say.

The iShares 20+ Year Treasury Bond ETF took in close to $2 billion in September, putting it on track for its second most monthly inflows ever.

The deal to purchase the asset manager could be announced in a matter of weeks.

No one’s talking about the latest Treasury market selloff because it’s tough to find the negative ramifications across other asset classes.

Aggregators, private equity firms and family offices are all investing in RIAs. Know the key differences between them.

The equal-weighted nature of XBI gives the fund greater exposure to developing companies than similar products.

It’s the first U.S.-domiciled index ETF of ETFs with access to the global investment-grade credit universe, the firm said.

A growing chorus of firms such as Fidelity, Citigroup and Goldman Sachs have announced plans for a variety of services around cryptocurrency trading.

A quarter of asset management executives pin the blame on organizational culture, according to FIS research.