Invesco

Health category funds dominated the list, making up for well over half of the group’s assets.

Disappointing revenue and profit forecasts from Amazon and Google-parent Alphabet helped push the Nasdaq further into a correction.

The deal is the latest consolidation in the industry, which is experiencing pressure on revenues as investors flock to low-fee, passive index and ETFs.

The deal to purchase the asset manager could be announced in a matter of weeks.

The S&P index of 18 asset management firms and custody banks is down nearly 11% this year, compared with a gain of more than 8% for the broad S&P 500.

Fees were nearly half the price of the top-performing active funds.

Forget bond ladders. Laddering defined-maturity exchange traded funds may be a safer fixed-income strategy for clients.

That’s the sum companies are expected to bring onshore due to the Trump administration’s tax overhaul.

Funds with disproportionate exposure to FANG stocks are up big in 2018.

The flood of new money may be evidence that investor angst is confined to the highest-flying tech segment and not the industry at large.