Markets and indexes

The underperformance is a rarity for the fund, which has beaten the benchmark for nine of the past 10 years.

Nearly all bested the broader market at roughly a third the price of the average fixed income product.

“There are too many negatives at this point. What Trump is saying and what the Fed is saying is no longer enough,” an expert says.

The glitch raises questions about the rapid growth of socially responsible investing and index strategies in particular.

Although many underperformed the broader market, just over half posted double-digit gains.

Severe declines provide the opportunity to review their portfolios and ensure their current plans support their short- and long-term goals.

Anticipation of a prolonged U.S.-China conflict is mounting, and “it’s possible that a currency war will start as well,” an executive says.

The activity began last Friday when 6.4 million shares hit the tape, fueling a record daily inflow for the fund.

While bond investor anxiety previously focused on how the funds respond to abrupt withdrawals, skeptics are now homing in on secondary trading.

A search for returns in less liquid assets may blur the transparency of real portfolio value.

The correlation between fees and performance is not “apples-to-apples when taking the funds’ underlying exposures into account,” an expert says.

The $3.7 million fund returned more than 40% in the second quarter, outperforming all domestic non-leveraged ETFs.

New products give institutional investors a fresh way to exploit the rise of machines.

Eight of the top 10 have less than $100 million in assets.

Expenses have outpaced or matched revenue growth during the past four to five years, while aggregate fees declined almost 20%, a study found.

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.

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.

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