Investment products

The work that earned Eugene Fama the Nobel Prize in economics provided the intellectual foundation for index-tracking funds, which have upended stock picking as investors abandon active money managers.

Using mostly passive strategies results in lower fees and better performance, but there are cases where active management can add value.

The turnkey asset management platform taps executives with experience at Fidelity, Schwab and Russell Investments.

With the size of the exchange-traded product market expanding rapidly each year, it is important for advisors to understand exactly what they are purchasing.

The Morningstar Awards recognize the best ETF firms as well as Morningstar ETF Category Winners for two classes of investing objectives, Investor and Trader, based on total cost of ownership and performance.

A second quarter report found growth in both ongoing net contributions and positive investment returns, and across a range of retirement account types.

Nearly one in 10 investors now hold at least 50% of their portfolios in ETFs, up from 4% last year.

UBS O’Connor, the UBS AG unit with $5.2 billion of assets, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.

Breathe new life into a stalled bank investment program with a few strategic fixes. One spoiler: More advisors aren't always better — look for quality instead.

Expected interest hasn't materialized for Merrill Lynch's offerings in the non-traded REITs asset class.

Bank of America's new campaign looks to tap into millennial demand for values-based strategies.

A run-down of the stories in this issue, which includes a discussion of alternative investments.

Declines in equity allocations, risk tolerance and advisor fees are cited.

The move could offer a simple way to cut risk and boost returns, but many advisors don't see it that way. Here's why they should.

In low-yield times, lines of credit offer tempting interest rates, tax benefits and a backup plan for emergencies.

Sometimes working with low-net-worth clients can provide unexpected benefits.

With heavyweights like PIMCO throwing its hat into the managed futures mutual fund ring, interest in this investment vehicle appears to be rising.

There have been 16 straight weeks of outflows from muni bond funds, to the tune of $26.4 billion, and industry watchers do not expect flows to bounce back anytime soon.

In the second quarter, fixed annuities experienced highest quarterly sales since 2011, according to data from Morningstar and Beacon Research.

A year ago, when opposition from the asset-management industry killed her plan to make money-market mutual funds safer, sec Chairman Mary Schapiro looked to Timothy Geithner, then the Treasury Secretary, to tackle “one of the pieces of unfinished business from the financial crisis.” It remains unfinished.