Fund performance

MetLife, the largest U.S. life insurer, posted first-quarter profit that missed analysts’ estimates as investment income declined on a slump in hedge fund holdings.

Low rates may prove a more enduring challenge than even MetLife Chief Executive Steve Kandarian’s fight against government regulation.

Gregory Nassour helps run almost $100 billion in U.S. bond mutual fund money -- but there's a reason you've never heard of him. He works at Vanguard and shuns the limelight.

The shift to passive has caused much soul searching, not to mention cost cutting, at some of the world's biggest money managers.

Net income also dropped to $319 million, or 79 cents a share, from $373 million, or 89 cents, a year earlier, the firm reports.

Investors paid 61 cents for every $100 managed in 2015, down from 64 cents in 2014 and and 73 cents five years ago.

Smart-beta styles underlie about one in five ETFs globally with an estimated $400 billion under management, and if they plunged, millions of investors would be burned.

Fidelity needn’t settle for another me-too lineup of smart beta ETFs.

Bonnie Baha, the global developed credit director at DoubleLine, discusses several challenges facing fixed income.

Treasury ETF net redemptions have reached $2.9 billion so far in April, on top of $4.8 billion pulled out in March.