Mutual funds

Why active managers do better in junk is a pressing question for investors who've poured $61 billion into bond ETFs in 2016.

The firm pulled in $148 billion in new client money during the first six months of 2016, surpassing its previous first-half record of $140 billion set last year, a spokesman said.

At a time when stock pickers are losing prestige and assets, this SunAmerica fund manager is beating all of his rivals.

Team a top-ranked bond manager with a Nobel Prize-winning economist, and you might just have a shot at beating the stock market.

LongTail Alpha plans at least two strategies that may be available for clients in separate accounts or funds.

In the second part of his interview with Money Management Executive, Menard expands on the firm’s strategy toward product innovation and what business it won’t pursue.

The reductions will save current investors about $20 million annually and bring the average expense ratio for the funds to 10.2 basis points.

The reductions will save current investors about $20 million annually, the firm says.

The five worst-performing major equity funds -- each of which lost about 10% -- focus on international investing and hold anywhere from 12% to 20% of their assets in bank stocks.

How technology, the popularity of defined contribution plans and increased competition from ETFs have transformed the way fund companies sell their products to investors and advisers.

Asia’s equity markets were the first to suffer through a Brexit-fueled rout.

As the U.K.’s historic vote to leave the European Union jolted markets around the world, investors responded with a mix of shock, fear and excitement.

Regulators say ETFs, mutual funds and other investment vehicles should be subject to additional oversight to ensure that managers can sell assets to meet investors’ demands during volatile markets.

The Financial Stability Board concludes that an abrupt exit from the junk bond market won't hit ETF investors the hardest.

Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets — be it large-caps, small-caps or international equities.

"The market has now almost completely priced out a rate normalization cycle, pricing only one 25 basis point hike over the next three years," a team at Deutsche Bank wrote.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.

In an almost immediate response, the industry created a new T share class, which replaces high, upfront commissions with trailing commissions.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

The year-old automated advice service is revealing some new ways advisers use robos — and it's quelling some big fears.