Mutual funds

Regulators say ETFs, mutual funds and other investment vehicles should be subject to additional oversight to ensure that managers can sell assets to meet investors’ demands during volatile markets.

The Financial Stability Board concludes that an abrupt exit from the junk bond market won't hit ETF investors the hardest.

Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets — be it large-caps, small-caps or international equities.

"The market has now almost completely priced out a rate normalization cycle, pricing only one 25 basis point hike over the next three years," a team at Deutsche Bank wrote.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.

In an almost immediate response, the industry created a new T share class, which replaces high, upfront commissions with trailing commissions.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

The year-old automated advice service is revealing some new ways advisers use robos — and it's quelling some big fears.

Demand for ETFs soars; costs dominate adviser concerns, plus other key trends in portfolio management.

"We're built to take advantage of economies of scale in this business," says Vanguard Chief Executive Officer Bill McNabb.