Fund performance

Team a top-ranked bond manager with a Nobel Prize-winning economist, and you might just have a shot at beating the stock market.

In the second part of his interview with Money Management Executive, Menard expands on the firm’s strategy toward product innovation and what business it won’t pursue.

Holdings in gold-backed ETFs rose 7.6 tons to 1,947.9 tons on Wednesday, the highest level since September 2013.

The acquisition enables Zurich-based GAM to introduce a computer-driven trading system focused on long-only and alternative strategies, the fund manager says.

The five worst-performing major equity funds -- each of which lost about 10% -- focus on international investing and hold anywhere from 12% to 20% of their assets in bank stocks.

Asia’s equity markets were the first to suffer through a Brexit-fueled rout.

As the U.K.’s historic vote to leave the European Union jolted markets around the world, investors responded with a mix of shock, fear and excitement.

The Financial Stability Board concludes that an abrupt exit from the junk bond market won't hit ETF investors the hardest.

Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets — be it large-caps, small-caps or international equities.

"The market has now almost completely priced out a rate normalization cycle, pricing only one 25 basis point hike over the next three years," a team at Deutsche Bank wrote.

The heavy buying in the ETF continued on Thursday, with two trades worth a combined $57 million.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

How investors' fear of stock market turmoil may be shaping the future of certain ETFs.

"We're built to take advantage of economies of scale in this business," says Vanguard Chief Executive Officer Bill McNabb.

An ounce of gold bought as little as 73.1 ounces of silver on Friday, the smallest ratio in almost a month.

ETFs are product of choice as 83% of advisers say they currently hold them in their portfolios or are recommending them to clients in the future, according to a recent survey.

Investors poured an estimated $144 million into the Janus Global Unconstrained Bond Fund in May.

For the first time, ETFs are the most-popular options for both bonds and stocks from developing nations.

The proliferation of asset management firms and the growth of individual funds have forced managers to maintain too many positions and undermined returns said AllianceBernstein CEO Peter Kraus.

The S&P 500 Equal Weight Index is up 19% since equities bottomed in February, beating the conventional benchmark by the widest margin since 2013.