(Bloomberg Markets) -- “If I don’t get to the top,” Michael Hasenstab was telling himself, “I have to rename our fund.” Franklin Templeton’s star bond-fund manager found himself somewhere around 24,000 feet...
(Bloomberg) -- For all those chronicling the mad dash for yield since central banks around the world cut interest rates to record lows, UBS Group AG thinks it has the missing chapter...
(Bloomberg) -- Investors pulled $32.9 billion last month from actively managed U.S. mutual funds that buy domestic stocks in July, the biggest monthly outflow in data going back to 1993, as money continues to move into low-cost passively...
(Bloomberg) -- When it comes to writing to the U.S. Securities and Exchange Commission, it turns out an octogenarian was faster than any high-frequency trading firm...
Aug 11 (Reuters) - Fidelity Investments is seeking U.S. approval to offer a new type of actively managed exchange-traded fund, a regulatory filing on Thursday showed, as the fund company seeks to regain market share lost to low-cost index funds...
Click to enlarge.
Investors were net sellers of equities in July, according to TD Ameritrade’s Investor Movement Index. The broker/dealer subsidiary of TD Ameritrade Holding said the selling, as well as lower volatility in widely held names (l...
