Index funds

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

Investment head Tim Buckley will succeed Bill McNabb, who led efforts that more than tripled the firm’s assets since taking over as CEO in 2008.

Tim Buckley will become the money manager’s fourth CEO since it was founded in 1975.

Fundamental indexing is drawing more scrutiny, and greater concern about how these indexes are assembled.

The firm is adjusting to more investors opting for low-cost funds over active management.

The once dubbed masters of the universe have barely made money this year and once again, their returns pale next to those of cheaper index funds.

The influence of index and ETFs is growing, but it's not destabilizing yet.

Taking a 20-year outlook is the best way to make gains, says Lipper number cruncher Tom Roseen.

Three index funds may be all clients need. But that's rarely what they end up with.

Jack Bogle's advice flies in the face of the market’s recent conventional wisdom.