Guggenheim launching new bond ETF amid tough market conditions

NEW YORK (Reuters) – Guggenheim Partners is launching a new fixed-income exchange-traded fund on Wednesday, bringing its approach to risk management to a roiling corporate bond market.

Indonesia’s wealth managers bank on tax amnesty for take-off

JAKARTA (Reuters) – Competition is so tough among Indonesia’s wealth managers that one offers clients helicopter rides to soar above Jakarta’s notorious traffic jams, others provide golf clinics,…

Exclusive: Apex Capital CIO departs to launch hedge fund – letter

NEW YORK (Reuters) – The chief investment officer of Apex Capital is departing to launch a new technology-focused hedge fund, causing a restructuring of his old firm, according to a letter sent to…

Oil bull Hall’s fund down 4 percent in January after annual loss in 2015

(Reuters) – Closely followed oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as weak global markets extended last year’s gloom that cost the hedge fund its biggest-…

Buying back EM bonds puts welcome bid into stressed sector

LONDON (Reuters) – From Mexican homebuilders to Kazakh oil firms, more emerging market companies are buying back their dollar bonds from the market, often paying juicy price premiums that have put a…

What will be in Obama’s final budget proposal?

(Reuters) – President Barack Obama is set on Tuesday to unveil his budget proposal for fiscal year 2017, his final year in office.

Investors pull $14 million from Bill Gross’s Janus fund in January: Morningstar

NEW YORK (Reuters) – Investors pulled $14 million from the Janus Global Unconstrained Bond Fund, run by closely followed investor Bill Gross, in January, according to Morningstar data on Monday.

Lower-volatility funds not necessarily low risk

NEW YORK (Reuters) – Exchange-traded funds that focus on defensive shares have grown more expensive than their traditional rivals, testing whether the funds can continue to make good on their promise…