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Bats Offers Up to $400,000 Rebate to Traders Who Lift ETF Volume

The decision marks a strategic adjustment for Lenexa, Kansas-based Bats, which previously offered money to issuers to list their ETFs on its platform.

Muni-Bond Investors Love Fund Managers Even When They Fall Short

"Most people think, ‘I want a manager who's doing credit research, adjusting for duration, looking for blowups," says BlackRock fixed income strategist Karen Schenone.

Herbalife Falls After Ackman Says Icahn Tried to Sell Stake

Hedge fund manager Bill Ackman maintained his bet against Herbalife even after the company reached a $200 million settlement with the U.S. Federal Trade Commission.

Gold Believers From Soros to UBS Lose Faith in Miners’ Gain

After a five-year slump marked by mine closures and losses, gold producers are now worth twice what they were in 2015.

Masters of Universe Flummoxed by Fed as Yellen Takes Stage

Weeks of conflicting economic reports have whipsawed money managers overseeing about $6 trillion, including Pimco and Vanguard Group.