The asset manager said Tim Buckley would become CEO in 2018, replacing Bill McNabb. Here are his answers to a few questions.

Western Asset Management's CIO on why bond indexes give active managers an edge, "stubbornly" low inflation and his counterintuitive jump into emerging markets at the dawn of the Trump presidency.

Relatively high regulatory and other costs of operating as an LMM prompted the pullback.

Each morning, Dennis Gartman rises insanely early to pen one of the most respected investment newsletters in the world. Here, his thoughts on whether it makes sense to own bonds at all in the current market, why there will soon be an outflow from...

Postelection zeal is flagging.

Unlike emerging-market mutual funds, ETFs don’t have the option of holding cash, so if they get outflows, they have to sell the underlying bonds in the index they track.

New research says lending out ETFs is where institutions and individuals could be making a lot more money.

ZKB’s four funds, all listed in Zurich and all focused on owning physical precious metals, have an average of $1.9 billion in assets.