Investment funds

Although passive has steadily lured cash from active, this year assets in indexed equity funds topped those in active stock funds for the first time ever.

Investors are pulling money at an accelerated pace as high fees and mediocre returns send them searching for yield elsewhere.

Average management fees will be cut 8% on an asset-weighted basis.

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

The 82-year-old company’s strategy has helped secure net inflows in all but one of the five years through 2018.

Already, the fund has agreed to transactions involving German wind energy project developer PNE and Altice Europe’s Portuguese fiber assets.

Competition with an ever-rising stock market, the difficulty of raising assets and the steady march of time are just a few factors leading managers to the exit.

Data reported by the Investment Company Institute.

More than half of them track the industry’s top-performing category.

So much faith has been put on the partial trade deal with China that stocks have nearly recovered since President Trump’s first round of tariffs on imports.

Funds that track custom-built indexes often seek exposure to securities based on factors like ESG and strategies that would typically be actively managed.

In a business increasingly dominated by inexpensive index funds, the young juggernaut succeeded by actually picking good investments.

As asset managers create younger wholesaling teams, they're also adapting models that leverage digitally savvy hybrid roles.

Failing to enroll in a health care plan and taking on a hefty student loan debt are just two of the most common blunders younger clients should avoid.

Despite the exodus, all of the mutual funds and ETFs on the list posted net gains for the year.

The $1.8 billion deal is expected to close in mid-2020.

At a meeting last year, the firm’s CEO discussed how behavior would be held to a higher standard than rank-and-file employees, people familiar with the matter said.

Brokerage firms that sell the funds must determine whether clients understand their risks — a requirement that could discourage offering them at all.

As the hedge fund manager nears a deal with the MLB team, he says his role as head of Point72 Asset Management will not change.

In a session at the In|Vest West conference, Rachleff revealed the digital firm’s ambitious plans to take on big banks.