Investment funds

Regulators say ETFs, mutual funds and other investment vehicles should be subject to additional oversight to ensure that managers can sell assets to meet investors’ demands during volatile markets.

The Financial Stability Board concludes that an abrupt exit from the junk bond market won't hit ETF investors the hardest.

The investment "helps with institutionalizing our firm," said Andrew Rabinowitz, Marathon Asset Management's newly appointed president.

Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets — be it large-caps, small-caps or international equities.

"The market has now almost completely priced out a rate normalization cycle, pricing only one 25 basis point hike over the next three years," a team at Deutsche Bank wrote.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.

In an almost immediate response, the industry created a new T share class, which replaces high, upfront commissions with trailing commissions.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

The year-old automated advice service is revealing some new ways advisers use robos — and it's quelling some big fears.

Sanjay Valvani was one of four people accused of insider trading and reaping more than $32 million from trades in drug companies using secret tips, according to federal prosecutors.

Bill McNabb declined to speculate how low fees may go at his firm, which has the majority of its assets in passive funds.

Demand for ETFs soars; costs dominate adviser concerns, plus other key trends in portfolio management.

"We're built to take advantage of economies of scale in this business," says Vanguard Chief Executive Officer Bill McNabb.

A planner at the Morningstar conference sees too many risks, not enough rewards

Perspectives on the state of asset management from industry leaders and experts.

Mutual funds are falling out of favor as planners embrace passive investing, according to a survey.

ETFs are product of choice as 83% of advisers say they currently hold them in their portfolios or are recommending them to clients in the future, according to a recent survey.

Advisers may want to point out to clients that protection against exchange rate fluctuations can have major consequences.

The regulator says that it issued a notice in 2009 to broker-dealers regarding the risks and complexities of nontraditional ETFs. FINRA says Oppenheimer failed to implement these policies.

Investors poured an estimated $144 million into the Janus Global Unconstrained Bond Fund in May.