Fund performance

Investors are also loading up on the metal through exchange-traded products, pouring $487 million into SPDR Gold Shares on Wednesday.

Money has flowed out of the vehicles at the fastest rate since June.

So far this year, 1.2 million shares were traded daily on average on the Nasdaq Biotechnology ETF, down from 2.2 million in the same period in 2014.

Most of the inflow came in the second half of the month after the Fed laid out an unexpectedly dovish rate-hike outlook, Russia's central bank said.

Low ETF fees as well as the weak performance from active strategies may be to blame.

Taking an agnostic approach, the firm seeks international opportunities. Plus; other launches.

The firm's success bucks a long-held premise that investing in developing markets requires active managers responding to sudden shifts in political risk.

The firm's success bucks the long-held premise that investing in developing markets requires active managers responding to sudden shifts in political risk.

He cited an IMF report that suggests growth is impaired by slow business investment and an aging population with reduced demand for consumption.

Futures closed at the highest in six weeks after Saudi Arabia was said to likely support prolonging output reductions.