Active management

These turbulent times of regulatory upheaval have raised the existential question of how to adapt and protect profitability.

Contrary to industry chatter, the new standards will likely benefit advisors working with actively managed funds, Michael Kitces writes.

The change is attributed in part to the cost of managing dividends.

USAA Capital held over $513 million in market value of the Wall Street giant’s large-cap, emerging market and international ActiveBeta funds.

A cornerstone of what drives American capitalism, the number of IPOs has plunged even as the stock market, and tech stocks in particular, have been hitting new highs.

The real concern is not just that actively managed funds could disappear but that the entire market could be left for dead.

Directors suggested firm head John Rogers make reductions at his $11.8 billion mutual fund that either meet or undercut the industry average.

Opened in the Roaring Twenties, the Massachusetts Investors Trust has weathered 16 recessions, roughly 20 bear markets and worse.

New bond ETFs from the firm use alternative weightings to chase "superior risk adjusted and total returns” compared with market-cap weighted products.

Aug. 7: The firm aims to mix innovation with old fashioned salesmanship, and is even considering a robo, according to the president of its broker-dealer.

Investors in his $1.4 billion closed-end offering saw huge gains as a result of stellar performance from his $88.9 billion Income Fund.

Many firms are finding new ways to incorporate computer models and data science into their research.

Advisers have turned into the new active investment managers.

Active management supplemented by local knowledge cannot be easily manufactured or automated, an expert says.

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.

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.

The firm’s growth last quarter was the biggest since the 2014 departure of its co-founder Bill Gross.

Actively managed mutual funds and ETFs that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to Morningstar.

For those worried that high valuations guarantee trouble in the markets, data shows pricey equities can get even pricier.

Fundamental indexing is drawing more scrutiny, and greater concern about how these indexes are assembled.