Investment funds

The $10.1 billion fund’s star manager, well known for his contrarian investments, held on to a short position against U.S. Treasurys even as bonds rallied.

The top 20 nearly doubled their gains over the last year, data show.

Data reported by the Investment Company Institute.

More than $1 trillion is invested in bond ETFs, with trading leaping 41% in 2018 from a year earlier, according to research.

The strategy has in theory made no money for investors 42% of the time since 2018, new research shows.

The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

In a little-noticed rule change, mutual funds no longer disclose their shrinking BD commission load-sharing payments.

“Not every muni is trying to achieve the same thing,” an expert says.

Geopolitical friction and a slowdown in global economic growth have boosted the metal’s demand despite signs of recent wavering.