ETFs

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.

The decade’s top performers also outpaced broader markets over the short term.

Don’t expect significant changes anytime soon to longstanding complaints about conflicts of interest in the “issuer pay” model of the ratings business.

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

The $4.64 billion fund lost 75% of its value in two months.

The firm joins a growing number of asset managers offering hidden-asset products.

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

State Street’s stockpile takes up one corner of a vault in a system that stores bullion on behalf of central banks, sovereign wealth funds and others.

Total assets held by the central bank rose to a record $7.04 trillion in the week through May 20.

Corporate-debt funds have led the intake since the central bank first announced its Secondary Market Corporate Credit Facility in March.

The central bank plans to make both outright purchases of corporate bonds as well as funds potentially invested in sub-investment grade debt.

Fixed-income ETFs — for the most part — passed their first big test, but it was a roller-coaster ride along the way.

For better or worse, investors have mostly turned around the fortunes of risky assets entirely on their own.

“This is all about having the flexibility and having multiple options for our investors,” says GSAM’s head of ETF strategy.

The pandemic has sealed the fate of small, niche offerings that have failed to gain traction.

Economic damage wrought by the coronavirus has not stopped investors from piling into the companies able to churn out profits in the stay-at-home world.

The combined fund, expected to finalize later this year, will retain the Windsor name and continue to focus on large- and mid-cap value stocks.

Renewed friction between Washington and Beijing threatens to undermine a trade deal signed only months ago, further jeopardizing global economic prospects.

Even some of the industry’s cheapest products “may be overpriced” in that they’re “mirroring a passive index,” an expert says.