State Street

The biggest losers so far? High yield bond and large value products.

Inflows have slowed? Actively managed funds would like to have that problem.

The firm plans to expand access to its line of low-cost funds to roughly 1,800, including those from BlackRock, Schwab and SSgA.

The banker was accused of directing a scheme that tacked hidden fees onto billions of dollars’ worth of trades by sovereign funds and other investors.

Issuers and investors stand to benefit from the provision, which makes it easier for managers to select securities for their funds, but not without risk.

Engagement with companies beyond the firearms industry is a better solution, Calvert Research says.

The products exceeded their previous monthly flows record by nearly 30%.

It paid in 2017 to be a penny-pinching retiree because target-date funds dominate the cross-section of profitable and cheap.

The startup aims to work with exchanges, over-the-counter venues and fund accountants as digital currencies gain more mainstream acceptance.

Data reported by FUSE Research.