(Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he thought the U.K.’s vote to leave the European Union wouldn’t have a lasting effect on the U.S. economy and he didn’t view a drop in U.S. bond...
The asset management industry had its weakest year since the 2008 financial crisis, with global assets under management in 2015 growing a meager 1 percent from the prior year to $71.4 trillion, and net new flows into funds slowing for the third...
In recent years, we have emphasized repeatedly that investors need to have a forward-looking view of risk, to anticipate and model extreme events, and, if appropriate, act to ensure their ability to withstand them. Some scenarios never materialize...
(Bloomberg) -- Actively managed mutual funds in the U.S. have seen $76-billion worth of assets leave for greener pastures in the first five months of the year, according to the Investment Company Institute — except for one firm's...
Last month's Brexit vote really did a number on U.S. markets - equity and fixed income alike. The immediate aftermath, however, has been vastly disparate...
