S&P

The iShares fund reported $4.36 billion in new money as yield rose and the Federal Reserve prepares to shrink its balance sheet.

The firm wants to adopt a new benchmark that would add specialty REITs to the mix.

Outperformance helps the sin industries be profitable, the Journal of Portfolio Management authors found.

Clients are wary about investing in companies that might never develop a product beyond the R&D stage, says ROBO Global’s CEO.

In addition to launching new smart beta funds, the firm may look to expand into “a whole host of different asset classes,” according to one executive.

Jeffrey Sherman’s bond fund returned 14% on average over the last three years, besting 99% of all large-cap value funds tracked by Bloomberg.

As fee cuts have become key to winning flows, managers turn to cheaper indexers, while some build in-house benchmarking teams.

Opened in the Roaring Twenties, the Massachusetts Investors Trust has weathered 16 recessions, roughly 20 bear markets and worse.

The firm said they now have lower net expenses than comparable offerings at Vanguard.

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