Investment funds

Since December, almost $90 billion has been withdrawn from mutual and ETFs, exceeding outflows from all but one year at this point of time in data going back to 1984.

"Most people think, ‘I want a manager who's doing credit research, adjusting for duration, looking for blowups," says BlackRock fixed income strategist Karen Schenone.

Hedge fund manager Bill Ackman maintained his bet against Herbalife even after the company reached a $200 million settlement with the U.S. Federal Trade Commission.

After a five-year slump marked by mine closures and losses, gold producers are now worth twice what they were in 2015.

A class of investors that includes foreign central banks and mutual funds bought a record amount at the $34 billion debt sale.

Product providers have to be better at adapting to the market, says Ryan Sullivan, vice president of global ETF servicing at Brown Brothers Harriman.

The lawsuit highlights a friction that exists at financial-services firms that put employees into their own product.

Investors can expect limited options or higher fees in their retirement plans as brokerage firms are evaluating their pricing structures to comply with the fiduciary rule.

The firm is among the first to detail how its 14,000 advisers will comply with the new regulation.

Investors are being tempted by the 6.2% gains this year by hedge funds betting on distressed assets and restructuring

"We think assets that are less exposed to economic growth are likely to perform relatively well," said Mike Swell, a global portfolio manager at Goldman Sachs Asset Management.

American Growth Fund announces its first offering focused on the legalized marijuana business.

American Growth Fund announces its first offering focused on the legalized marijuana business.

Benchmark government yields are within about 22 basis points of a record low in the U.S.

The hedge fund's investment to-date in the New York-based bank is valued at more than $1.25 billion.

ValueAct likes Morgan Stanley’s shift to asset-light, fee-based businesses such as wealth and investment management, and said CEO James Gorman has shifted the bank to “growing fee streams that do not require much equity capital to grow.”

Could there be a limit on how many ETFs the world needs?

If your clients are looking for income, these funds have the highest expected dividend payments compared to current prices.

By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.

The stock picker, known for beating the S&P 500 for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM.