Liquidity

The funds are one of the largest forms of short-term debt vulnerable to investor runs in our financial system, writes former CFTC Chairman Timothy Massad.

The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a company spokesperson said in a statement.

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

We've had many chances to learn, from the dot-com bust to the 2008 financial crisis. But the storm is perhaps most applicable to our current situation.

“It’s like shopping on Amazon for real estate,” says one investor. But clients pay a premium for the access and convenience.

About $2 billion of assets will be available to the company’s retail clients.

Claims by one firm executive that systematic investing “lends itself to providing liquidity” remain largely untested in a post-crisis bull.

Some see a potential cure in a practice that’s commonplace from Italy to the U.K., but banned in the U.S.

While bond investor anxiety previously focused on how the funds respond to abrupt withdrawals, skeptics are now homing in on secondary trading.

A search for returns in less liquid assets may blur the transparency of real portfolio value.

A new report asks whether the products have the potential to spark another crisis despite being created at the urging of the SEC to reduce risk.

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

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.

More than 25% of the products were sold with shorter or static maturities in the first quarter, compared with only 10% for the same period last year.

Players on both sides of the fence are being forced to rethink past practices.

Following two recent mega-mergers in the bullion space, the fight to secure dominance is intensifying.

The firm plans to focus on raising money for products that lock up capital for several years, according to people with knowledge of the matter.

Fear of a liquidity plunge outweighed political risks in a recent JPMorgan survey.

The fund aims to give investors exposure to the most liquid and high-quality bonds issued by companies in the S&P 500.

Portfolios will be selected based on machine learning and natural-language processing.