Investments

Total net assets in Michael Hasenstab's Templeton Global Bond Fund slumped to $22.6 billion as of March 31, public filings show.

Asset managers are targeting massive amounts of capital to benefit from credit market stress as the coronavirus leaves many companies in need of support.

“These funds got an assist from the Fed when they were told they would backstop the higher end of the high-yield credit industry,” an expert says.

The setback for the hedge fund, which slid as much as 14% in the first quarter, is another example of the turmoil wrought by the coronavirus.

There’s more money at stake when executing trades in current market uncertainty.

There are important distinctions between 2020 and that meltdown 10 years ago, writes John Taft.

The firm expects a second wave of opportunities, particularly in commercial mortgage-backed securities and collateralized loan obligations.

The poor showing may lead investors to question why they’re paying some of the highest fees in the money management industry.

Risk assets have benefited from stimulus programs enacted to shore up the economy as the fallout from the coronavirus continues to wreak havoc.

Intuitive Advisor is now among the most affordable options for digital investing with human advice.

CEO Larry Fink announced a new focus on ESG in January, however the coronavirus has pushed a separate set of urgent issues into the forefront.

The firm’s chief investment officer spent as much as a third of that on high-yield funds, according to people with knowledge of the matter.

“People are just saying, ‘Why should I pay for an active manager when most of them lose to the benchmark anyway?’ This is a big deal,” an expert says.

Just as in the wake of the 2008 financial crisis, experts say there's rising interest in the products among advisors.

While the central bank’s support may help keep credit flowing amid the coronavirus, “it doesn’t necessarily improve the outlook for bankruptcies.”

The $349 billion stimulus package from the Small Business Administration provides loans to cover payroll, rent and utilities for up to eight weeks.

“I do believe that clients sometimes get too caught up in expense ratios,” an expert says.

The fund ditched its tail-risk protection weeks before the coronavirus sent stocks into a tailspin, according to people familiar with its decision.

The fund will track industries such as cloud technologies, remote communications and cyber security, according to an SEC filing.

The smart-beta pioneer and sub-advisor to money managers has re-calibrated its forecasts after the coronavirus-induced crash reshaped markets.