Fund performance

The biggest U.S. mutual fund company led in estimated flows to both actively managed funds as well as those that track indexes.

While the sector has been in a slump, advisors who go beyond the recent returns can show clients how these funds have bested the S&P 500 over time.

The low-cost, passive trend may be accelerated because of new fiduciary rules issued by the Department of Labor.

Blackstone will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity.

“We are at a point now where every manager, whether in fixed income or equity, has to show value for the fees they are charging,” says one consultant.

ETFs that invest in fixed income attracted record deposits in the first quarter.

Since 2012, Bats jumped ahead of Nasdaq to become the second-biggest operator of U.S. stock exchanges and got into currency trading, the world's biggest asset class.

Misguided assumptions among emerging-market bears have created investment opportunities after years of disappointing returns for the asset class, a Capital Group manager says.

The central claim in Gross' lawsuit against his former employer is challenged.

The fund has returned almost 2% this year and ranks in the top 11% of his Morningstar peers.