International funds

Guggenheim Chief Investment Officer Scott Minerd says U.S. stocks may rally as much as 15% in the rest of the year.

Thanks to the surging popularity of passive investing, MSCI and a handful of its rivals are quietly replacing the giants of money management.

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

Quantum Advisors, which picks Indian stocks for Norway’s $860 billion wealth fund, says investors should stay away from index investing in Asia’s fourth-biggest market.

State Street’s asset management unit said Nick Good and Rory Tobin will take over management of the firm’s global exchange-traded funds business.

Faced with negative interest rates in their own countries, foreign banks and pension funds are looking increasingly toward U.S. municipal bonds.

New York City Council Speaker Melissa Mark-Viverito has asked the SEC to investigate OppenheimerFunds, saying the asset management company has played a role in worsening Puerto Rico’s fiscal crisis.

Deutsche Bank said Quintin Price, who leads the company’s asset management business, has taken medical leave.

The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings.

ETFs that invest in fixed income attracted record deposits in the first quarter.

One of the world’s biggest ETFs that invests in Japan is delivering a double dose of pain to foreign investors.

Hedge funds that bet on bonds prices falling were caught off guard as individual investors poured money back into junk debt funds in February.

Fund administrators will need to contend with technological change, increased client demands and new competition, according to a recent survey of management executives across the globe commissioned by FIS.

Investors pulled more than $1 billion out of U.S. ETFs that invest in emerging markets last week, leaving the ETFs in the longest losing streak since September.

Franklin Resources said fiscal first-quarter profit dropped 21 % as the selloff in emerging markets and energy stocks and bonds erodes assets.

Investors pulled more than $2.1 billion out of U.S. ETFs that invest in emerging markets last week, the most since August. China and Hong Kong led the losses.

A renewed appetite for Irish equities adds another leg to Ireland’s renaissance among international investors, seven years after the financial crash sent them running for the exit.

As the MSCI Emerging Markets Index heads for its third straight annual decline, 34 of 65 U.S. funds that track the benchmark had beaten it through last week.

Long-time Canadian asset managers including IGM Financial’s Mackenzie Investments, AGF Management and CI Financial announced plans to offer ETFs in the past month.

BlackRock is winding down a global macro hedge fund after losses and investor redemptions eroded assets.