Invesco

To add insult to injury, these returns didn’t even come cheap. The average expense ratio was more than 1%.

The acquisition is expected to provide access to a wide range of smart beta products.

Managers in the space have been raising cash at their fastest pace since 2013.

Quietly, Invesco's robo advisor has scored IBD and brokerage clients.

The regulation encourages more transparency around fees for products that weren’t previously required to reveal such information.

To add insult to injury, these losers charge high fees – 12 of the 20 have expense ratios over 1%.

The negotiations come as asset managers seek to increase the amount of money they oversee amid growing pressure to slash fees.

Money’s not leaving the markets, but rather moving in an “old fashioned” rotation that favors value stocks and small-caps at the expense of tech.

Taking an agnostic approach, the firm seeks international opportunities. Plus; other launches.

Clients may be less anxious if they know their portfolios include funds built for stability.