Fund performance

Virginie Maisonneuve, chief investment officer for global equities at Pimco, will be leaving after helping shutter three active stock strategies at the firm.

With supply at multi-decade lows, investors are signaling alarm as regulations intended to shore up banks and prevent a run on money-market funds exacerbate the T-bill shortfall.

In the case of the millennials, their experience with the financial sector includes the unifying themes of volatility, crisis and scandal.

ETFs are growing at such a clip that their assets are poised to overtake those of hedge funds.

Vanguard's quiet ascension, adds Jeff Tjornehoj, head of Americas research for Lipper, is not all due to Pimco's management woes.

Maybe the Efficient Market purists have been mugged by reality. It looks like you can pick a winning money manager -- just go for one with a great long-term performance record.

For the first time, more than half of all 401(k) contributions will go into target-date funds, research firm Cerulli Associates estimates. It projects the assets in target-date funds to hit $2 trillion by 2019.

With assets of $110.4 billion, Pimco Total Return fell behind the index-tracking Vanguard Total Bond Market Index Fund, which had $117.3 billion as of April 30, according to preliminary data.

Funding for startups hit a high of $17.7 billion in the quarter, from $15.6 billion in the fourth quarter of 2014, because hedge funds, mutual funds and private equity firms all put money on the line.

Lattice Strategies founder, Theodore Lucas, and Darek Wojnar, head of single-asset strategies at Lattice, discuss the separately-managed account provider's first ETF offerings and investment focus on risk.

Many financial professionals are accepting the idea that they likely won't beat the market and that investors therefore would be better off in low-cost index funds.

ETFs that hold U.S. Treasuries are seeing more cash inflows this month than any other fixed-income funds for the first time this year.

Mom-and-pop investors may sink $350 billion into debt funds globally this year, adding to the $3 trillion they've already poured into bonds since 2008.

While U.S. stocks have spent long stretches of the past six years rallying without the help of fresh mutual fund money, Bank of America and Exane BNP Paribas say the withdrawals show rising concern as the Federal Reserve weighs raising interest rates.

Stock pickers have remained largely anonymous to the larger public despite a six-year rally that produced some outstanding funds. They've been overtaken by bond legends and hedge fund managers.

Janus Capital Group Inc., the firm that hired bond legend Bill Gross in September, said profit rose 46% in the first quarter as the market rally lifted assets and its funds attracted new money.

Most stock investors would be thrilled with an 80% return in the past year. For those who bought BlackRock Inc.’s flagship ETF for mainland Chinese shares, however, it’s akin to getting shortchanged.

Carlyle Group will shut a pair of mutual funds started last year in the latest setback to private equity firms’ pursuit of individual investors.

The toast of Wall Street in 2007 have captured some of that dominance again in the first quarter of this year.

Pimco saw assets decline 5.4% in the first quarter as the money manager seeks to staunch client redemptions in the wake of co-founder Bill Gross’s abrupt departure.