Capital markets

Here's how the largest groups have fared during unprecedented market activity.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

Almost all of the decline reflects performance-related losses rather than client withdrawals, according to a person familiar with the matter.

The ETF aims to track companies specializing in remote-working, learning and entertainment.

As asset managers launch funds with this new structure, lack of familiarity may hinder advisors’ adoption of them.

Owl Rock plans to give up to $250,000 in interest-free loans to those impacted by the coronavirus and other economic and social crises, its co-founder says.

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.

Wild market swings have given many active managers a rare respite after a decade-long battle against the rise of passive investing.

The Labor Department issued guidance Wednesday effectively allowing retirement plans to invest in buyout firms.

The asset manager plans to leverage Precadian’s ActiveShares product, which requires funds to publish an indicative value of its holdings every second.

The products will have the same management and research teams as the firm's similarly named mutual funds.

Evenings on the town are being replaced with conference calls, online concerts and care packages.

“The U.S. is in a lot of pain right now, and our African-American colleagues are in a lot of pain,” Jenny Johnson, chief executive officer of Franklin Resources, said.

So-called buffer funds have attracted over $2 billion worth of inflows so far this year.

The U.S. lender was able to sell its stock within four days of discussing its plans, BlackRock CEO Larry Fink says.

The incident demonstrates that companies are increasingly holding employees accountable, even for behavior that occurs outside the office.

The results were “not just predicated on expense ratios,” an expert says.

The State Street fund has climbed 68% since falling to a more than seven-year low in March.

The venture fund comes just months after UBS named ING's Ralph Hamers, an outspoken champion of digital banking as its next CEO.