Portfolio

Somehow, it came unexpectedly.

January 23 marks the 20th anniversary of the exchange-traded fund industry, started with the launch of the SPDR S&P 500 fund, rolled out by State Street Global Advisors.

"If the data do not prove that indexing wins, well, the data are wrong."

Changes in the independent advisory industry, shifting demographics and advances in technology make the ability to communicate your value critical to your success, according to Tom Nally, president of TD Ameritrade Institutional.

US exchange-traded fund assets increased by $292.7 billion or 28% in 2012, in part driven by positive cash flows of $182.6 billion, marking a new all-time high for the industry on the eve of its 20th anniversary, according to data from State Street Global Advisors.

Bill McNabb, chief executive officer of the Vanguard Goup, is starting 2013 with a bang.

Et tu, Ned Johnson?

Principal Funds is expanding its sales team with a new position.

During the first full week of fund flows for the new year, investors pumped in $34.2 billion into mutual funds, according to data from Lipper.

International fund of hedge funds Grosvenor Capital Management is taking a stab at the mutual fund space with…an alternative fund of funds.