Vanguard

The hybrid firm stated it now has $4.9 billion in AUM, with $1.4 billion gained this year alone.

The firm has been building its passive business as investors dump active products.

The purchase is a part of a growing effort to provide investors with information about the eco-friendliness of their portfolios.

The firm is pushing into Europe and Asia-Pacific, but rolling back on the products that brought 75% of its assets in favor of actively managed funds.

For clients looking for investment income, these funds excelled in the first half of 2017.

There are a number of issues the industry must address ahead of an imminent digital-first market, an expert warns.

July 24: The world’s largest independent broker-dealer has launched a new mutual fund platform to adhere to the rule.

While the firm's conquest of the money-management business may seem inevitable, it’s a mistake to extrapolate its recent success into the future.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

Investment head Tim Buckley will succeed Bill McNabb, who led efforts that more than tripled the firm’s assets since taking over as CEO in 2008.