Bond funds

The iShares fund saw the second-biggest inflow in its 18-year history after the central bank said it would begin buying corporate bonds and credit ETFs.

After becoming unmoored in recent weeks as bond market liquidity dried up, funds that stand to benefit from the central bank’s buying are now rallying.

The funds are trading at staggering discounts to their net asset values in what some have dubbed an “illiquidity doom loop.”

The fund paid out about $150 billion in redemptions Thursday, all in cash.

Funds with higher risk profiles — high-yield and emerging markets — are now paying the price.

The ETF’s debut marks the first big entrant into the zero-cost space with the potential to shake up products from BlackRock, State Street and Vanguard.

The bloodbath in risk assets has intensified on deepening concerns about the economic fallout from the spread of the coronavirus.

The firm, run by Big Short protagonist Greg Lippmann, may make sustainability the linchpin of its CLO business after completing its first deal that complies.

Although roughly 40% of the actively managed industry beat their indexes, the worst-performers eked out an average gain of just 1.07%.

A flight to safety that saw funds in short-term bonds and utilities add cash as coronavirus dominated headlines has given way to a vigorous rally.

The investing world is rushing to cater people who want to make a difference with their money but are unwilling to accept higher volatility or fees.

Data reported by the Investment Company Institute.

Buyers yanked $2.9 billion from the sector in the final days of January, nearly wiping out gains so far this year, data show.

The funds raked in $150 billion in 2019 as investors have gotten more comfortable with how they react across different market environments.

Once a top-performing fund with assets well over double today’s value, Templeton’s flagship bond fund has been diminished by the march of passive investments.

Nearly all of the fixed-income funds held short term debt.

In what was a stellar year for corporates, governments nearly missed the list entirely.

It was the biggest annual leap for strategies focused on corporate or government debt since 2014, boosting assets to more than $800 billion, data show.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.

In a business increasingly dominated by inexpensive index funds, the young juggernaut succeeded by actually picking good investments.