Capital markets

Fee wars are great for clients, but don’t judge a fund solely on its expense ratio.

The legendary manager’s Unconstrained Bond Fund ended July down almost $1 billion from its February peak.

State Street and Goldman Sachs are planning a series of funds that would invest in everything from robotics to deep-sea exploration.

I’ve been watching, with increasing dismay, the trend of outside investors taking ownership of advisory firms.

The shift in strategy comes as central banks move away from policies that have buttressed markets since the financial crisis.

To get back into investors’ good graces, funds have had to alter traits like their liquidity, fees and even their overall structure.

“Are we reactive to what one competitor does? Absolutely not,” CIO Greg Davis says.

A younger cadre of managers led by new President Jonathan Gray is moving up.

High-yield credit volatility has actually declined since the products first came on the scene.

The firm says it's likely to benefit from the strategy by luring new clients and earning fees on securities lending.

The flood of new money may be evidence that investor angst is confined to the highest-flying tech segment and not the industry at large.

The fund’s portfolio management team began dumping exposure to the social media giant in light of the Cambridge Analytica scandal.

The SEC called into question the ability of the cryptocurrency’s exchanges to sufficiently police trading.

The bank promoted Denver’s regional leader of the business to oversee all aspects of Ascent Private Capital Management nationwide.

Expected to raise $1 billion, the listing could encourage new offerings from many of the country’s cash-starved property firms.

Some funds that were in the black still turned in a poor performance — it’s all relative.

The strategic buyer, one of the industry's largest, snags a $1B RIA for its first deal of the year.

Ron Carson’s firm and other major practices within the IBD network praise its choice of a new PE backer.

Rising stock markets have encouraged individual investors to add to their holdings.

Inflows have slowed? Actively managed funds would like to have that problem.