Capital markets

Jeffrey Sherman’s bond fund returned 14% on average over the last three years, besting 99% of all large-cap value funds tracked by Bloomberg.

While these funds often combine various asset classes, the firm’s offering will stay close to home — buying its own bond products.

The top independents all state going public is a goal, but there are doubts about broad market support.

Practitioners say the rules conceal problems that regulators never fully considered.

Opened in the Roaring Twenties, the Massachusetts Investors Trust has weathered 16 recessions, roughly 20 bear markets and worse.

JPMorgan projects net corporate issuance of emerging market debt at just $22 billion for the rest of the year.

The industry’s benchmark ETF recorded its fourth largest inflow in the past five years.

Software from Liquidnet is designed to avoid curbs on dark pools in Europe.

The company made reductions by as much as 20 basis points at the offerings, which total about $204 million in assets.

Last year alone 226 Vanguard funds and ETFs reported expense ratio declines.

Expected new chief for financial products is fueling speculation for more innovative funds.

If clients tap their Roth accounts at the wrong time, even after retirement, they could lose out on some potential tax benefits.

The firm said they now have lower net expenses than comparable offerings at Vanguard.

Data reported by the Investment Company Institute.

The hybrid firm stated it now has $4.9 billion in AUM, with $1.4 billion gained this year alone.

Many firms are finding new ways to incorporate computer models and data science into their research.

Advisers have turned into the new active investment managers.

The firm has been building its passive business as investors dump active products.

Active management supplemented by local knowledge cannot be easily manufactured or automated, an expert says.

The purchase is a part of a growing effort to provide investors with information about the eco-friendliness of their portfolios.