Nail-biting seen ahead of FOMC meeting, quarterly GDP report, jobs data
Offering uses strategy modeled after existing SMA; alternative to long-short equity investing
Fund assets now up to $2.41T; investment gains the big contributor.
Fear-monger logic falls short
Cash hoarding, buybacks looks to some like pent-up demand
Some taking message of the end of bonds' bull market to extreme.
Funds declined in 2Q when Treasuries jumped, but managers stand by strategy
Investors likely to stay in the game for now