LONDON Technology stocks attracted $1 billion in the week to Wednesday, their second largest inflow on record, Bank of America Merrill Lynch (BAML) data showed on Friday, after Apple launched a new iPhone and chipmakers rallied.
NEW YORK U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a rate-hiking cycle, Lipper data showed on Thursday.
NEW YORKPop quiz: What percentage of long-term stock market returns are thanks to the humble dividend? Five? 10? 20?
TOKYO The Bank of Japan is expected to reassure markets on Thursday that it will lag well behind its U.S. counterpart in scaling back its massive stimulus, as an improving economy has yet to boost inflation anywhere near its elusive 2 percent target.
NEW YORK A tide of cash swept into U.S.-based taxable-bond funds for a 41st straight week, with inflows for the funds swelling to $8.7 billion, from $5.9 billion the week prior, Investment Company Institute (ICI) data showed on Wednesday.
NEW YORK Active mutual fund managers are decreasing the use of passive exchange-traded funds in their portfolios, a shift that leaves more of their performance numbers up to their own investment picks.
NEW YORK Guggenheim Partners LLC said on Tuesday that its chief executive officer, Mark Walter, has no current plans to step down and is not being pushed out of the investment firm he helped found, denying reports to the contrary.
LONDON A jump in holdings of palladium-backed exchange-traded funds is ratcheting up pressure on a market that has seen years of deficit, threatening to push prices, already up by a third this year, higher still.
Asian bond buying by foreign investors fell to a six-month low in August as North Korea tensions limited fresh purchases in the region's assets.
LONDON Riskier assets were in vogue this week as investors poured $8.9 billion into equities, but strategists at Bank of America Merrill Lynch said flows data indicated positioning remained shy of peak levels.
LONDON Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in recent years while rivals cut back.