International funds

There was some aggressive call options buying as sentiment pushed the country’s equities lower.

Funds with disproportionate exposure to FANG stocks are up big in 2018.

The actively managed offering aims to invest in corporate and non-corporate obligations, excluding government-guaranteed issues.

Data reported by the Investment Company Institute.

Expected to raise $1 billion, the listing could encourage new offerings from many of the country’s cash-starved property firms.

The firm aims to target affluent mainland investors for the first time, while making it free of various offshore investment restrictions.

The funds raked in a combined $840 million last week despite competitive hurdles banks typically face going up against money managers’ core products.

Data reported by the Investment Company Institute.

If approved, the funds will exclude investments in alcohol, tobacco, weapons, fossil fuels and nuclear power.

The bank has deviated from its guiding philosophy after making tactical sales of stocks perceived as being on the front lines of the tariff bombast.