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How well can active managers adapt to a market favoring passive funds and cheap ETFs? One firm's response is to offer a passive ETF of its own with the goal of demonstrating it can be good at passive and active strategies.
May 29 -
Pimco considered recruiting Gary Cohn, president of Goldman Sachs, as a top executive in 2013, people with knowledge of the matter said.
May 29 -
Most managers have not yet realized the full potential of social media, or set corporate policy, to augment their institutional sales and marketing efforts.
May 28 -
More than $1.55 billion has been withdrawn this month from ETFs concentrated on energy stocks such as Exxon Mobil and Chevron.
May 28