Investment 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.

The firm joined BlackRock as a strategic partner of the alternative investment tool aimed at wealthy clients. Plus; other launches.

July 17: The space, once scoffed at by managers, is expected to grow by more than $300 billion this year.

Data reported by the Investment Company Institute.

The firm’s growth last quarter was the biggest since the 2014 departure of its co-founder Bill Gross.

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.

For those worried that high valuations guarantee trouble in the markets, data shows pricey equities can get even pricier.

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.

Prices that reached an almost seven-month high in June have now dropped for five straight weeks, the longest slump this year.

The new job will focus on middle-office services like hedge funds, software solutions and the firm’s message and connectivity engine.

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

East Capital’s founder says investors struggling to demonstrate value in the face of competition from ETFs should take a lesson from investing in Russia.

Data reported by the Investment Company Institute.

July 10: U.S. Trust’s Scott Reeves has faced skepticism about his firm’s strategy. He welcomes the chance to challenge any misconceptions.

Active management gets a black eye when funds can’t keep pace with indexes, especially when the shortfalls aren’t short-term.

Taxable-bond mutual funds added more than $17 billion in June, while domestic equity funds lost about $15 billion.

The positive net flows of U.S. mutual funds was driven by taxable bonds.