Investment funds

The firm’s complicated relationship with these fees is indicative of the industry’s overall struggle to find a balance between appropriate compensation and transparency.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.

Clients won't be taxed as the result of a deal if they hold the shares in ETFs or index mutual funds.

New products give institutional investors a fresh way to exploit the rise of machines.

The firm is snapping up five- and 10-year notes as it predicts slowing inflation and trade tensions will push the Fed to lower its benchmark 75 basis points.

The custodial bank says it has reimbursed the affected clients with interest.

Ukraine, Nigeria and Kazakhstan offer opportunities because local developments dominate the direction of their markets, the M&G fund manager said.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

Real estate, communications, utilities and consumer staples funds have seen the most appetite, with every other sector experiencing outflows.

There is growing disquiet among those who run and invest in the products about potential problems that might be caused by rate cuts from the Fed.

Eight of the top 10 have less than $100 million in assets.

Geopolitical risk, dovish central banks and an aging business cycle are reinforcing bullish moorings in global debt.

Target-date funds can help risk-averse young clients ease into investing.

Of the 468 hedge funds that used Goldman Sachs’ prime brokerage services in the past decade, half have shuttered.

Though the fees are controversial, there may not be an easy way for the industry to abandon them.

The No. 1 IBD has stopped offering the higher-yield funds in its automated bank deposit programs, but it notes they’re easily accessible in investment accounts.

Opening the door to retail money comes with risks, including the danger of exposing financial neophytes with relatively limited savings to complex investments.

The firm says it will focus the new funds on tech, demographics, urbanization, climate change and emerging global wealth.

Revisiting his predictions from 2017, he doubles down on the importance of firms adapting to embrace industry trends — and offers some new forecasts.