Investment funds

The manager is still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.

The central bank is now the third largest holder of the $54 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).

The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.

As more active strategies embrace the exchange-traded model, the landscape may be shifting.

Speculative investors bought a net 206,227 S&P 500 E-mini contracts in the week to June 23, the most since 2007.

Cboe’s first new entry will be a suite of four volatility indexes with different tenors based on the iShares 20+ Year Treasury Bond ETF.

Leveraging big data, machine learning and artificial intelligence will extend stock selection beyond its current capabilities, according to Procure Holdings President Bob Tull.

While determined to capitalize on the distortions created by the coronavirus, the bank says the offering won’t “act as vulture investors.”

The funds had posted gains over the past decade, but have suffered losses amid this year's coronavirus-driven volatility.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.