Fund performance

Founder Nancy Davis says her recently converted long-only product reflects the direction of travel for the broader asset management industry.

Probabilistic forecasts provide a durable framework for a sound financial future, the author says, and offers some for the new year.

The top 20 more than doubled the gains of their fixed-income industry peers.

The top 20 to debut last year by total assets include only three products from BlackRock and none from Vanguard or State Street.

Time and again, they’ve seemingly held up during periods of market stress and proved the skeptics wrong.

The biggest losses this year came from sectors that suffered the most in lockdown.

Steady inflows showcase the buy-and-hold ethos of the typical Vanguard investor — financial advisors and wealth managers, an expert says.

With an average gain of more than 108%, the lineup includes actively managed leaders with fees well above 100 basis points.

Despite a rocky year, these 20 funds recorded an average return of 13.6%.

Net flows have slowed in 2020 at the fund giant as rivals continue to roll out similar products amid the rise of robo advisors and almost-free trading.