Investment returns

Banks and investment funds are hiring quants — people with training in physics or higher mathematics — as market intervention by central banks make it difficult to post robust profits.

Gold has rallied 27% this year as the Federal Reserve held off on raising U.S. interest rates.

The positioning leaves the biggest speculators at odds with an increasingly skeptical analyst contingent on Wall Street.

Bossen joined as director of ETF business development at the institutional intermediary division and will focus on the IndexIQ unit that MainStay acquired last year.

The world’s largest mutual fund company attracted $198.4 billion in the first eight months of this year.

Leveraged strategies may include selling volatility or dabbling in derivatives tied to interest rates or corporate credit.

With about $68 billion in assets in funds tracking it, the real estate industry has more money invested in it than any of the other main industry classifications.

These funds were once an insult to investors who prided themselves on picking the best stocks out of thousands.

The dollar strengthened and Treasuries extended their steepest monthly loss since June 2015 amid hawkish rhetoric from Federal Reserve officials over the past two weeks.

Aside from being impractical to build in the infancy of computers, an index fund, at one time, was an insult to investors who prided themselves on picking the best stocks out of thousands.