Fund performance

A key challenge posed by the pending fiduciary rule: are firms going to be active managers or are they going to be financial advisors?

BlackRock plans to cut about 400 jobs in what may be the biggest round of layoffs to date at the world’s largest money manager, according to people with knowledge of the matter.

A Blackstone mutual fund that allocates money to hedge funds lost almost half of its assets this month as the fund’s biggest backer, Fidelity, slashed its stake.

Last month, hedge funds participated in the fewest number of venture capital rounds in U.S. tech companies since 2013.

One of the world’s biggest ETFs that invests in Japan is delivering a double dose of pain to foreign investors.

The cost mutual funds charge investors is the lowest since at least 1996, according to new research from Washington, D.C.-based Investment Company Institute.

Hedge funds that bet on bonds prices falling were caught off guard as individual investors poured money back into junk debt funds in February.

The fixed-income trade is booming at BlackRock and other investment firms, which are capturing a greater amount of activity -- and fees -- with their ballooning credit ETF businesses.

Pimco says investors should move out of government securities and into corporate credit because the U.S. will avoid a recession.

Active funds may be winning the ongoing debate at the moment, but that comes with a few caveats.