Vanguard

CEO Tim Buckley acknowledges at the Morningstar conference that the firm is trying to convert investors to its Personal Advisory Services business, but won’t specify the target.

Most inflows in the space went to products with over 80% of their assets in index funds, new research from Morningstar finds.

These double-digit returns came at a price lower than the rest of the sector.

Private insurers pay for less than 3% of care, according to the Department of Health and Human Services.

Rather than developing a new family of ETFs, the asset manager created them as a share class within its existing mutual funds.

The mutual funds and ETFs that ranked at the bottom of the sector still benefited from a “long-running bull market,” an expert says.

Expense ratios were more than twice the industry average.

The products have benefited from the past decade of “economic expansion and bull market for risk assets,” one expert says.

J.D. Power’s annual survey of self-directed investors displayed generational differences and the impact of equity volatility.

Name changes are coming to 94 of the firm’s long-term mutual funds.