Fund performance

Assets rose to $1.48 billion as of June 30 for the fund.

Maryland’s review comes as the largest U.S. public pensions are abandoning hedge funds or pressuring them to slash fees.

When the first ETF launched in 1993, it was anything but clear that these funds would take off, and at first, they didn’t.

In pulling their money out of property funds at such a rapid pace four asset managers froze withdrawals this week, the investors showed how the cost of Brexit is spreading.

Global assets in the funds have surged 37% this year and prices are near a two-year high.

The world's largest mutual fund manager attracted $148 billion in new client money during the first half of 2016.

Why active managers do better in junk is a pressing question for investors who've poured $61 billion into bond ETFs in 2016.

Spot gold also rose as much as 1.2% to $1,357.63 an ounce, near a two-year high.

Silver touched a two-year high and gold rallied for a fourth day after the Brexit vote spurred demand for havens.

At a time when stock pickers are losing prestige and assets, this SunAmerica fund manager is beating all of his rivals.