Fund performance

The declines, he says, were the result of a widening gap between U.S. and German bond yields triggered by the crisis in the eurozone.

Uncertainty over the euro’s future sent the Janus Henderson manager’s $2.1 billion fund plummeting nearly 3%, making a bad year even worse.

The asset manager is expected to make the payout after it finalizes the sale of its insurance unit to Phoenix Group.

When clients are too focused on returns, bring the discussion back to expenses.

The cheapest 20% of funds received $949 billion of new money last year, while the rest of the industry reported outflows of $251 billion.

A “broad blended skill set" is part of what Voya Investment Management CEO Christine Hurtsellers says helped her become a better leader.

The average annualized return of the top 20 funds has been nearly 15%.

Data reported by the Investment Company Institute.

They have time on their side, but compounding won’t work if they’re all in cash.

Treasury volatility and the latest dollar rally have hurt the sector over the past two weeks.