Investments

As big banks adopt off-the-rack approaches to reopening skyscrapers to armies of employees, the asset management industry’s solutions are much more bespoke.

Banks and insurers have trailed the S&P 500 by 20 percentage points, their worst performance at this point of a year on record.

Total assets held by the central bank rose to a record $7.04 trillion in the week through May 20.

Corporate-debt funds have led the intake since the central bank first announced its Secondary Market Corporate Credit Facility in March.

“Just because someone’s charging 1% doesn’t mean you should take them off your list,” an expert says.

In the first-quarter’s coronavirus-driven market decline, 94% of sustainable indexes outperformed, BlackRock research shows.

As liquidity disappeared amid the coronavirus-sparked mayhem, veteran fixed-income portfolio manager Gemma Wright-Casparius saw opportunities.

Many financial advisors aren’t aware of serious conflicts of interest affecting the majority of retail clients, Northeastern University Professor Nicole Boyson says in a Financial Planning Podcast.

The firm said that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.

The central bank plans to make both outright purchases of corporate bonds as well as funds potentially invested in sub-investment grade debt.

The alternative investing platform will service a total of $55 billion in client assets across 650 funds once the deal for its rival fintech closes.

Nearly 72% of Americans opted to stay the course and stick to their investment plan during the crisis, a survey found.

One French trade group reports that the country’s managers reduced research budgets by as much as 75% between 2017 and 2019.

Fixed-income ETFs — for the most part — passed their first big test, but it was a roller-coaster ride along the way.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

For better or worse, investors have mostly turned around the fortunes of risky assets entirely on their own.

Withdrawals this year have equaled almost half of last year’s inflows, leaving Pimco with net outflows of $46.8 billion in the first quarter.

“This is all about having the flexibility and having multiple options for our investors,” says GSAM’s head of ETF strategy.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.