Fund performance

Wary investors pushed the S&P 500 Index of equities to its longest slump since 1980.

Seven of largest asset managers reported a record $50 billion in combined outflows during the third quarter of 2016.

Assets at firm's Total Return Fund have slipped 70% from its peak in April 2013 to $82.6 billion.

The company reported losses in three straight quarters through March 31.

This year through October the fund gained 3.7%, trailing the benchmark Bloomberg Barclays U.S. Aggregate index, which rose 5%.

Institutions that are willing to invest at least $100 million can get the Janus total-return strategy as a separate account, according to a person with knowledge of the matter.

"Barriers to entry for the actual robo part are very low we think. So this may well be exploited," the firm wrote in a recent report.

In the second quarter, that group of seven saw $34 billion in outflows.

Mirae Asset Global Investments said it is building its cash position in one of its Asia bond funds during the U.S. presidential campaign.

Prices of the metal have dropped by half from a peak in 2011.

DoubleLine's CEO now acknowledges that TIPS are becoming a more attractive option for investors who want to own longer-term government bonds.

A Morgan Stanley survey finds that 64% of the time, sustainable strategies matched or outperformed traditional mutual funds in terms of returns.

With investors increasingly moving to lower-cost, passively run funds, the firm says it plans on countering the resulting record redemptions by merging with Henderson Group.

Investors added more than $750 million to ETFs that buy emerging-market stocks and bonds last week, extending the longest winning streak in more than a year.

Demand has increased as investors seek alternatives to more than $10 trillion of debt globally that’s yielding less than zero.

Why one asset manager says the high alpha of an equity long/short hedge fund may outweigh the cost benefits of similarly structured mutual funds.

Performance fees in the second half are expected to be similar to the 1.2 million Swiss francs ($1.2 million) earned in the first six months of the year.

Money from brokers and independent advisers accounted for about 50% of the $225 billion Vanguard has brought in this year.

Investor interest in low-volatility strategies reached a fever pitch earlier this year, with $8 billion pouring into the most popular funds.

McNabb said investors pay an average of 12 cents per $100 for Vanguard’s mutual funds and ETFs and that in five years that number could fall below 10 cents.