Despite fee slashes, fund is not yet out of the water.

Reductions to plan made to ensure December Congressional vote.

For long-term investors, CLO equity can offer attractive return potential, even late in the credit cycle.

Institutional investors are split over how much risk central banks present.

Passive assets under management could exceed active by 2027.

How Xi Jinping is shaping China’s future

Bolstered by hopes of fiscal expansion and above-trend GDP growth, 2017 saw expectations of rate rises climb—only to roll over again.