Markets and indexes

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.

Hedge funds are under pressure to justify their fees as bond indexes extend gains.

Issuers are creating multi-factor funds that offer exposure to several return-enhancing characteristics.

The firm plans a 0.2% to 0.5% allocation to the products in its global and international fixed-income index portfolios.

Outperformance has been driven in part by a push among investors to cut their tax bills after new limits were set on state and local deductions.

Home to more than $249 billion, these funds have expense ratios more than 20 basis points higher than the industry average.

In today’s age of data and algorithms, the underpinnings of human-led investment philosophies are in question.

Portfolios constructed with companies betting on industrial and social transformations are besting rivals.

Asset managers are increasingly using the products for targeted adjustments and risk management, a survey finds.

Negotiations ended in December because the parties couldn’t agree on a price amid a rout in U.S. stocks, according to people familiar with the matter.

There’s more on investors’ minds than fees after U.S. stocks suffered their worst year in a decade, a new study finds.