Investment funds

Revisiting his predictions from 2017, he doubles down on the importance of firms adapting to embrace industry trends — and offers some new forecasts.

Advisors will find the lowest, near-zero fund. Do they read the fine print?

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.

Bonds were sold to build a development with a water park and Venice-style bridges. Now a Florida community is going bankrupt.

The firm expects shareholders will save an estimated $3.2 million, annually.

The firm plans to focus on raising money for products that lock up capital for several years, according to people with knowledge of the matter.

Executives say the race to zero in fund fees and improvements in data and analytics are among the top issues impacting asset management.

Activist investors have taken large stakes in at least 100 of the products so far this year.

With the reductions, nearly all of the firm’s index funds will have total net expenses lower than comparable Vanguard products.

Even experienced managers are closing shop amid mounting costs, a tough capital raising environment and investors’ reluctance to pay high fees.