Index funds

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

The fund has absorbed $15.6 billion so far in 2020.

The more out-of-left-field the change, the more profound the lesson learned, our columnist has found in the corporate and individual practice realms.

The decade’s top-performers have produced returns of more than four-times their industry peers this year.

In the first half of the year, fewer than a third of U.S. domestic equity fund managers delivered annualized returns that outpaced the S&P Composite 1500.

“It’s not just a shiny object, it’s really about content,” the firm’s head of ETFs and indexed strategies said.

A State Street fund avoiding crude holdings has beaten the S&P 500 by 3.6 percentage points since its inception, generating an annual return of 12.9%.

“The reality is they were always supported by a large team,” according to CEO Jenny Johnson.

Advisors, nervous about the exposure, say they are struggling to get clients to switch things up.

The scant personal details that do surface depict a clan allergic to the limelight, scornful of excess and almost comically unpretentious.

Despite growing to about $1.1 trillion in AUM, senior executives made a series of bets to keep pace in a changing industry that have yet to pay off.

Investors may be put off by the costs associated with these funds, which had an average expense ratio of more than triple their peers.

The leaders raked in a combined $949 billion over the past decade.

Cboe’s first new entry will be a suite of four volatility indexes with different tenors based on the iShares 20+ Year Treasury Bond ETF.

Leveraging big data, machine learning and artificial intelligence will extend stock selection beyond its current capabilities, according to Procure Holdings President Bob Tull.

While small deals are likely, CEO James Gorman said he’d be reluctant to take on a large-scale acquisition

The purchase comes as active asset managers feel intensifying pressure to bulk up as they face stiff competition from passive and index-tracking funds.

The demand is there but it isn’t easy to pull off, according to one custodian that’s already done it.

The holdings in these top-performers “are companies that will be replaced, from a performance standpoint, over the next decade,” an expert says.

“Ideally, you would like clients to try not to make really short-term decisions, however this is an unprecedented situation,” an expert says.