BlackRock

After expanding into a $7 trillion industry, index funds are facing slower asset growth and declining fee revenue.

The products have already attracted $1.3 billion in new assets this year, more than half what they took in during 2018.

The move is a bid to gain more say over what advisors recommend to clients.

Asset managers are increasingly using the products for targeted adjustments and risk management, a survey finds.

The manager is touting momentum stocks even as its own ETF tracking the style suffers its longest outflow streak ever.

The average fee was nearly 20 basis points higher than the top-performer.

As the demand for more specialized products increases, the largest ETF providers are continuing their race to the bottom.

Multiple rate hikes by the Fed last year contributed to less-than-stellar results.

As wealth managers collect more client information, it is up to advisors to understand the value of data to the business and how it needs to be handled.