Most of the largest US state and local government pension funds have dodged the ongoing fallout from the collapse of crypto exchange FTX by not directly investing in digital tokens.

So far in 2022, more than $446 billion has been withdrawn from US fixed-income mutual funds, a record exodus. About $154 billion has poured into bond ETFs instead.

Shareholders may have to pay tax even if their fund lost money this year.

Unlike CDOs, which collapsed during the housing crisis, not a single AAA CLO has defaulted since the inception of the asset class 30 years ago

In about-face from September, ETFs focused on alternative investments, especially private credit, outperformed in October.

Money managers for the ultra-wealthy plan to increase their allocation to private equity in 2023, according to a new survey.