In partnership with SSgA, mutual fund giant dips toe into active-ETF arena.
On paper, the AdvisorShares Trim Tabs Float Shrink ETF (TTFS) looks like the perfect means of tapping into the supply-and-demand fundamentals of the stock market. And based on last year's 42.4% gain, it would appear the 27-month-old, $105 million ETF is actually on to something.
In the wake of Mohammed El-Erian's departure from Pimco, <i>InvestmentNews'</i> editor Fred Gabriel sat down with senior columnist Jeff Benjamin to discuss what this shift of power may mean.
Pacific Investment Management Co. has joined with London-based exchange-traded products provider Source UK Services to offer the first actively managed ETF focused on covered bonds.
State Street Corp., the second-biggest provider of exchange-traded funds, plans to introduce actively managed Systematic Core Equity, Growth Equity and Value Equity ETFs.
<i>Breakfast with Benjamin:</i> Fed tapering, Apple's dismal results, an emerging markets opportunity, and why even the Winklevoss twins are distancing themselves from Bitcoin.
Move comes a week after Market Vectors launched identical product
Our own behavioral finance expert has decided to join the crowd and offer a list of forecasts for the year ahead.
Underperformance leads large client to pull big money from firm's oldest fund.
Pimco's co-chief investment officer Mohamed El-Erian will be taking the reins of the firm's $3 billion multi-asset fund that has underperformed since its launch in 2008. That should help - the fund is based on a book he wrote.
Mutual fund giant seeing fees, assets decline but 401(k) business strong
<i>Breakfast with Benjamin:</i> Private equity giant KKR finds expanding beyond the HNW crowd is not so easy and shuts two retail-focused funds. Plus: Gold jumps on Yellen preview, fund manager changes lead to Morningstar updates, Barclays cuts 12,000 jobs, and another day, another Obamacare delay.
The fees with Blackstone Group's nontraded fund of hedge funds make 2 and 20 not so bad. Are the returns strong enough to justify the stiff cost structure?
Subpar performance prompted investors to pull money for the 18th consecutive quarter.
CEO Laurence D. Fink said BlackRock has the potential to increase its asset base by about 5% annually by developing new ETFs and expanding its reach among individual investors.
Fund comes with no sales load but 12(b)-1 fee, performance fee and expense ratio.
Contrafund manager tops S&P 500 (and his peers) over just about every time period.
