Markets and indexes

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.

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.

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

Those attracted to the asset management industry are highly susceptible to screening data to fit their existing preconceptions, new research shows.

Even momentum, which has made money in eight of the last 10 years, has plunged in 2019.

Michael Arougheti says the move his firm took last year has already boosted stock liquidity and expects it will lure more investors to alternatives.

One theory for underperformance has been the long steady gains in markets since the financial crisis.

The last time SPY saw inflows of this magnitude U.S. stocks were on the cusp of a bear market in late 2018.

Digital advisors are tools, not competitors, says Mirador Capital Partners' Dan Murray. What's more, here's how they can enhance a firm's offerings to clients.