Mutual funds

If Biden’s proposal is enacted, Nir Kaissar writes many investors will dump their funds to avoid paying a higher tax down the road.

The lineup of exclusively short-duration fixed-income products, taxable and municipal, still managed an overall gain.

The top 20 performers nearly doubled the gains of their peers over the period.

The 20 mutual funds in this ranking outpaced broader markets over the past year with an average gain of more than 68%.

Selective bets on undervalued stocks are paying off as unloved value and cyclical strategies fall into favor.

Over the past year, the 20 mutual funds in this ranking have an average gain of more than 100%. Their fees are also more than twice the broader industry.

The changes mark a new phase in the tug-of-war between the structures.

The 20 funds in this ranking shed more than $793 billion over the period.

Here are the industry’s top 20, which brought in more than $700 billion in assets.

The deal will push Paris-based iM Global’s assets above $24 billion and enable it to break into wealth management.