Morningstar

Although many underperformed the broader market, just over half posted double-digit gains.

Asset managers are embracing new distribution technology, big data and alternative investment strategies.

Some of the same features that led to their unpopularity may also be what uncorrelated them from their peers, an expert says.

The revamped fund from BP Capital will now track an index of companies that derive “significant revenue” from sustainable energy.

Clients often underutilize deductions for work-related technology purchases and travel expenses.

Close to 80% of strategists cited competition from the mega-managers as their most significant challenge last year.

Fixed-income products designed to minimize interest rate risk are among the leaders.

Contribution limits in a Roth IRA could shrink for couples after marriage.

The correlation between fees and performance is not “apples-to-apples when taking the funds’ underlying exposures into account,” an expert says.

The firm’s complicated relationship with these fees is indicative of the industry’s overall struggle to find a balance between appropriate compensation and transparency.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

Expenses have outpaced or matched revenue growth during the past four to five years, while aggregate fees declined almost 20%, a study found.

The losers “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Each of these funds has its own way of adding high-octane assets into clients' portfolios.

Executives say the race to zero in fund fees and improvements in data and analytics are among the top issues impacting asset management.

The ETFs that bested the strategy “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Why? Three other competitors have an astounding 95.8% of market share.

With double-digit annualized returns produced by nearly all of these funds, the ranking illustrates the broader trend toward passive investing.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.