Markets and indexes

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.

SPIKES, a product from MIAX Options, is being pitched as a lower-cost alternative.

Trade tension and a record-long government shutdown have left many in the “more defensive parts of the market,” one TD Ameritrade strategist says.

Despite its death, Barclays is transitioning assets and trading volume to a nearly identical version of the fund.

The pessimism is especially unusual given that the group’s asset flows haven’t moved opposite the market in more than a decade.

The reduction, which includes 15% of senior management, is part of a larger effort to cut costs and automate more business.

Brexit, worries about trade wars and rising interest rates have prompted a selloff in developed country stocks.

Money managers would be better off selling holdings at random, a study suggests.

Institutional withdrawals amounted to nearly $35 billion in the fourth quarter.

A growing body of research is looking into whether the expanding influence of passively managed funds is making companies less willing to compete.

The firm’s new CEO Ronald O’Hanley is pushing to reduce expenses, automate more functions and simplify organizational structure.