Investment returns

There wasn’t a lot of diversification among the top funds as technology has dominated the market gains in recent years.

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

You pick a fund for your client and it returns 20%. You're a genius – until you realize the benchmark returned 23%. Here are the top overachievers.

Gold tends to hold its value in the long-term, but it's volatile — almost as much as stocks — so clients may need decades to ride out its ups and downs,

Actively managed funds saw the majority of the largest outflows this year as investors flocked to less expensive passive alternatives.

Passive investments garnered most of the investor cash so far in 2017, but beyond that it was a wide net: S&P 500, small cap, emerging markets, fixed income — anything that could be structured as an ETF.

Gains could fall to 5.3% from 9.3% historically “unless portfolios are repositioned for the environment we think that we are entering,” according to a new KKR report.

The stock market has been on a tear, writes a financial analyst, which helps explain the rising optimism.

After eye-popping gains in the stock market over the past three quarters, price-to-earnings ratios have soared.

Advisers must ensure they are using the geometric rather than the arithmetic mean when calculating investment returns.