Asset management

Equity funds tracking the sector are the second-most popular asset class after U.S. government bonds this year, BNP Paribas says.

Financed by their personal savings, the team behind the machine-learning fund have harnessed their engineering acumen to invest in developed markets.

Major repairs are needed to ensure Social Security’s long-term stability, according to an expert.

Data reported by the Investment Company Institute.

The SEC's recently passed ETF modernization rule is just one regulatory change industry leaders expect will impact asset management in the years ahead.

The changes follow the firm’s recent move to cut some client fees on separately managed accounts.

As the sector grows to over $30 trillion in Europe, North America, Japan, Australia and New Zealand, one popular approach consists of excluding offenders.

The large number of closures in equities and “other” categories could not be offset by new additions, Index Industry Association research shows.

The SEC’s recently passed ETF modernization rule, which expands choice in the market, “is probably the end of the mutual fund industry.”

It's no exaggeration to say rock-bottom fees are an existential threat to many asset managers. However, technology could still save the day.