Capital markets

The yield on Mozambique’s sole dollar bond, due 2023, has fallen almost 5 percentage points this month to 11%.

Of the 468 hedge funds that used Goldman Sachs’ prime brokerage services in the past decade, half have shuttered.

Though the fees are controversial, there may not be an easy way for the industry to abandon them.

Under new leadership, the firm’s iShares unit intends to create funds that it says go beyond traditional sectors and geographic focuses.

The losers “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Fee pressure and improvements in data and analytics are among the leading issues the industry faces today, executives say.

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.

Players on both sides of the fence are being forced to rethink past practices.

The firm expects shareholders will save an estimated $3.2 million, annually.

ETF Managers Group, best known for the ETFMG Alternative Harvest ETF, signed on as the official sponsor of the UFC fighter nicknamed the Boa Constrictor.

With the reductions, nearly all of the firm’s index funds will have total net expenses lower than comparable Vanguard products.

The ETFs that bested the strategy “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Fear of a liquidity plunge outweighed political risks in a recent JPMorgan survey.

Bullion is “once again trying to reclaim its role as a safe haven” amid trade war concerns and the Fed’s halt on rates, a strategist said.

Even experienced managers are closing shop amid mounting costs, a tough capital raising environment and investors’ reluctance to pay high fees.

The model, which runs on IBM’s Watson platform, has suffered from overweight positions in technology and energy, the month’s worst-performing sectors.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.

After his record $2.3 billion purchase of the Carolina Panthers, some clients became concerned the demands of owning an NFL team might be too distracting.

Technology has created efficiencies for RIAs. It’s also a danger, says the firm’s COO.

“The general feeling is that progress is made every day, little by little,” an executive said of the crypto community’s optimism.