Fidelity Investments

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.