Capital markets

The deluge into the retail-friendly vehicles comes as the S&P posted declines in 19 of 24 days since peaking in September

“There’s just right now a heightened sensitivity to what can go wrong,” one strategist says.

ESG ETFs currently hold a combined $6 billion in assets. The firm expects that will grow to $500 billion in the next decade.

Indexes typically tracked by the funds are often excessively allocated to Treasurys and mortgage-backed securities.

One VanEck fund had $574 million of outflows, the most since June and almost 40% of its assets.

The Wealth Enhancement Group has reached $9.7 billion in client assets under a slew of M&A deals and substantial organic growth.

The new fund is part of State Street’s larger plan to push into so-called thematics.

The fund culls data on more than 6,000 public companies each day before picking about 100 of them to own.

CEO Manny Roman expects the move will help the firm cash in when the next economic downturn comes.

The deal is the latest consolidation in the industry, which is experiencing pressure on revenues as investors flock to low-fee, passive index and ETFs.

Some have piled into utilities and long-duration Treasury hedges, while others bulked up exposure to rate-sensitive banks and a chunk did a bit of both.

Outflows were offset by the firm’s iShares ETF business, which saw net inflows of $33.7 billion in the period.

The new unit seeks to provide investors with fund-of-fund solutions.

Rising interest rates and trade war threats are promulgating the rout in equities.

It is not uncommon for asset managers to view these three functions as separate and distinct units with entirely different missions and goals.

Before you choose the technology that powers the day-to-day work of your business, it’s sensible to ask how each potential partner is funded.

Caution is key across global markets as investors try to gauge whether the selloff is a harbinger or a blip.

Nuveen has pared allocations to non-U.S. developed market equities, while JPMorgan is dialing back global stocks positions in favor of U.S. shares.

Investors flocked to ultra-short bond funds as few are willing to bet against persistent rising rates.

Amid a polarized climate, one firm is giving some clients what they've asked for.