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Aside from being impractical to build in the infancy of computers, an index fund, at one time, was an insult to investors who prided themselves on picking the best stocks out of thousands.
August 31 -
Since December, almost $90 billion has been withdrawn from mutual and ETFs, exceeding outflows from all but one year at this point of time in data going back to 1984.
August 30 -
The decision marks a strategic adjustment for Lenexa, Kansas-based Bats, which previously offered money to issuers to list their ETFs on its platform.
August 30 -
Federal Reserve Chair Janet Yellens speech Friday was hawkish enough for Goldman Sachs to boost the odds of a September interest-rate increase, while Pimco said there was nothing of note in her remarks.
August 29 -
"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.
August 29 -
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.
August 26 -
After a five-year slump marked by mine closures and losses, gold producers are now worth twice what they were in 2015.
August 26 -
Weeks of conflicting economic reports have whipsawed money managers overseeing about $6 trillion, including Pimco and Vanguard Group.
August 25 -
A class of investors that includes foreign central banks and mutual funds bought a record amount at the $34 billion debt sale.
August 25 -
Product providers have to be better at adapting to the market, says Ryan Sullivan, vice president of global ETF servicing at Brown Brothers Harriman.
August 24