Portfolio

Actively managed stock funds had the best performance over 20 years, edging passive stock funds 8.14% to 8.11%. And actively managed mutual funds of all types have done the best in the last five years, coming in at 1.98% where, for instance, passively managed exchange-traded funds lost 1.17% a year. Which just goes to show, when it comes to investing, active management versus passive management "is not an either-or" proposition.

The Securities and Exchange Commission has granted T. Rowe Price exemptive relief to issue actively managed ETFs, according to Morningstar reports.

You can use a well-organized advisory board to get strategic advice from the people who are your most valuable assets. Here are a few suggestions for running a group.

Expect T. Rowe Price's first ETF to hit the market soon.

Minneapolis-based Riverbridge Partners has launched its first mutual fund, the Riverbridge Growth Fund, to bet on U.S. equities across all market capitalizations.

CLS Investments has appointment of Brian Clark as a wholesaler, covering Southern California, parts of Nevada, and all of Utah.

Vanguard has dismissed one of the advisors on its $6.8 billion Vanguard International Value Fund (ticker: VTRIX).

The current economic recovery, while slow, is on track. Fiscal cliff fears have been grossly exaggerated, to the detriment of investors and planners. And sometimes there’s an upside to a modest recession.

Boston-based Lee Munder Capital Group is currently prepping an alternative mutual fund to launch in April.

Though many advisors say that they want to boost client satisfaction, most don’t know how to make it happen. By taking the right steps to keep your clients highly satisfied, you will be able to position your practice for stronger growth.