Vanguard

The actively managed offering aims to invest in corporate and non-corporate obligations, excluding government-guaranteed issues.

Fee wars are great for clients, but don’t judge a fund solely on its expense ratio.

“Are we reactive to what one competitor does? Absolutely not,” CIO Greg Davis says.

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

The firm says it's likely to benefit from the strategy by luring new clients and earning fees on securities lending.

The proposal would lay out formal steps for setting up less-complicated funds.

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

Brod will step in just after the board's controversial new code of ethics and standards takes effect in 2020.

The funds raked in a combined $840 million last week despite competitive hurdles banks typically face going up against money managers’ core products.

Rapid developments in financial technology are among the industry’s top operational challenges, asset managers say.

Passive funds attracted new cash even if their returns were negative.

Investors have found the sector attractive again as Treasury yields dropped to 2.8% in six days.

The asset manager's flows are down 42% year-over-year. The industry: 50%.

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

Although investors think the 10-year Treasury yield will easily reach 3.5%, analysts warn “there might be a few blips on the way.”

If approved, the funds will exclude investments in alcohol, tobacco, weapons, fossil fuels and nuclear power.

The fund provides access to China-based companies committed to implementing the digital ledger technology. Plus; other launches.

Advisors should frame health care costs as an annual expense rather than a lump sum, which is demotivating for investors, according to Vanguard.

In addition to investor class and institutional reductions, the firm is also rolling out new offerings combining active and passive strategies.

The funds have the potential to distort stock prices and to inspire a large-scale market sell-off.