Vanguard

The fund has absorbed $15.6 billion so far in 2020.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.

The scale of the withdrawal indicates that the ETF is both being used by large institutions and a favorite with retail investors, an expert says.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

The more out-of-left-field the change, the more profound the lesson learned, our columnist has found in the corporate and individual practice realms.

The fund giants voted for 99% of U.S. directors proposed by the energy, utility, banking and automotive companies reviewed by nonprofit research group Majority Action.

Funds from the biggest three issuers account for more than 80% of the industry's total assets.

“Expense ratios matter to most people, particularly when you're looking at these mostly passive funds,” an expert says.

Despite some impressive short-term gains, more than half underperformed their peers over the decade.

The decisions entrench a prolonged decline for prime funds, and could hurt a market that thousands of companies rely on for funding.

While most of the issues were resolved by midday, the interruptions sent a shudder across Wall Street.

Hundreds of strategies that outperformed in backtesting are failing to live up to their hype once they are packaged up and sold as ETFs, a study finds.

Funds focused on the sector lost more than $2.4 billion in August, the most since 2016.

Firms had problems related to equities, options and cryptocurrency trading as well as slow websites and mobile apps.

The ready-made strategies have been around for years, but in an era of fee wars and ETFs its popularity is exploding.

Increasing Black representation poses challenges that adding women may not: Most women elected to boards had professional connections with the white men who still dominate boardrooms.

About two dozen advisors are using the software now, and the firm is making changes based on their feedback, an executive says.

Despite besting the broader market over the long-term, those at the top have underperformed in the first half of 2020.

The leaders raked in a combined $949 billion over the past decade.

A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.