Mutual funds

From hiring sprees to accelerating software launches, companies are gearing up for the significant expenses and changes wrought by the new regulation.

With user growth soaring developing countries, mutual funds focused on emerging economies are increasing investments in the Menlo Park, California-based company.

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.

The funds will track indexes that draw on the expertise of the firm's quantitative-research team.

Fund providers should consider digital platforms and outsourcing to reach more advisers, according to Nuveen's head of alternative strategies.

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

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.

Since December, almost $90 billion has been withdrawn from mutual and ETFs, exceeding outflows from all but one year at this point of time in data going back to 1984.

"Most people think, ‘I want a manager who's doing credit research, adjusting for duration, looking for blowups," says BlackRock fixed income strategist Karen Schenone.