Capital markets

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.

Companies that haven’t released financial reports for extended periods of time are expected to be put under the microscope.

A new fund awaiting SEC approval seeks “to address the concerns of vegans, animal lovers and environmentalists.”

One of the firm’s corporate bond funds is down 4.3% this year, while another has lost 5.4%.

Advanced analytics is helping generate alpha, experts say.

The iShares 20+ Year Treasury Bond ETF took in close to $2 billion in September, putting it on track for its second most monthly inflows ever.

For younger investors, the current experience of "finding and investing in a mutual fund feels very broken," says co-founder of the investing app startup.