Money Management Executive Latest News

The central bank plans to make both outright purchases of corporate bonds as well as funds potentially invested in sub-investment grade debt.

One French trade group reports that the country’s managers reduced research budgets by as much as 75% between 2017 and 2019.

Fixed-income ETFs — for the most part — passed their first big test, but it was a roller-coaster ride along the way.

For better or worse, investors have mostly turned around the fortunes of risky assets entirely on their own.

Withdrawals this year have equaled almost half of last year’s inflows, leaving Pimco with net outflows of $46.8 billion in the first quarter.

“This is all about having the flexibility and having multiple options for our investors,” says GSAM’s head of ETF strategy.

The pandemic has sealed the fate of small, niche offerings that have failed to gain traction.

Economic damage wrought by the coronavirus has not stopped investors from piling into the companies able to churn out profits in the stay-at-home world.

The purchase comes as active asset managers feel intensifying pressure to bulk up as they face stiff competition from passive and index-tracking funds.

The combined fund, expected to finalize later this year, will retain the Windsor name and continue to focus on large- and mid-cap value stocks.