Fidelity Investments

Despite the increase, the figure still represents a small percentage of the 16.1 million accounts that the company manages.

These expense ratios were closer to the average fund fee in 1996.

Fee wars are great for clients, but don’t judge a fund solely on its expense ratio.

Asset managers are under pressure to maximize distribution efforts amid tightening regulations and tech innovations.

Many sectors have rallied the past decade, but tech and health care outperformed.

“Are we reactive to what one competitor does? Absolutely not,” CIO Greg Davis says.

The difference between 0.03% and zero will prove to be bigger than three basis points.

The firm says it's likely to benefit from the strategy by luring new clients and earning fees on securities lending.

Some funds that were in the black still turned in a poor performance — it’s all relative.

The proposal would lay out formal steps for setting up less-complicated funds.

With stock selection pegged to 10-year Treasury sensitivity, can these ETFs work when short-term rates rise?

A 20% gain sounds good, until you find out the category returned 30%.

Passive funds attracted new cash even if their returns were negative.

The average retiree may need to save far less than you are currently projecting.

While some funds show low valuations, S&P and Dow both stand at post-crisis highs.

In addition to investor class and institutional reductions, the firm is also rolling out new offerings combining active and passive strategies.

Clients have the luxury of focusing on returns, but advisors need to add “risk adjusted” to their vocabulary.

Even profitable bond managers will have to up their game to remain relevant because in many cases investors have better options.

Most big banks are launching robo advisers to compete for a new breed of wealth management customer. The risk is that automated services will disappoint traditional customers.

While passive funds track an index, active managers can still beat the averages and earn the much-discussed small-cap premium.