(Bloomberg) -- Blackstone Group LP, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity Investments...
Bonds were slower than stocks to face the threat from indexing because their returns typically are lower and the difference in performance among funds is often modest
(Bloomberg) -- Bats Global Markets Inc. is telling prospective investors that it’s trying to gobble up a piece of NYSE Group Inc.’s $2 trillion ETF listing pie...
Whereas emerging economies without the commodity emphasis continue to outperform broad EM, the tactical approach to “play” a commodity recovery has also produced positive results.
(Bloomberg) -- The fund linked to U.K. Prime Minister David Cameron’s father in the leaked Panama documents may be sparking questions about tax avoidance, though whoever invested in it didn’t fare so well...
Since the beginning of 2015, about $250 billion has moved out of actively managed mutual funds and into passively managed index funds and ETFs.