Mutual funds

New York City Council Speaker Melissa Mark-Viverito has asked the SEC to investigate OppenheimerFunds, saying the asset management company has played a role in worsening Puerto Rico’s fiscal crisis.

Not every ETF launch works. But a team effort and a compelling idea can make an ETF a success in an industry where a handful of dominant firms and smaller players compete aggressively for assets.

MetLife, the largest U.S. life insurer, posted first-quarter profit that missed analysts’ estimates as investment income declined on a slump in hedge fund holdings.

Low rates may prove a more enduring challenge than even MetLife Chief Executive Steve Kandarian’s fight against government regulation.

Jon Xu, chief technology officer and co-founder of FutureAdvisor, says the financial industry has only begun to tap the data available to it.

Gregory Nassour helps run almost $100 billion in U.S. bond mutual fund money -- but there's a reason you've never heard of him. He works at Vanguard and shuns the limelight.

The shift to passive has caused much soul searching, not to mention cost cutting, at some of the world's biggest money managers.

Investors paid 61 cents for every $100 managed in 2015, down from 64 cents in 2014 and and 73 cents five years ago.

When average performances are analyzed rather than just the top funds, a passive strategy prevailed over the past five years.

Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street.

Fidelity needn’t settle for another me-too lineup of smart beta ETFs.

Advisors managing assets within retirement plan vehicles, including IRAs, will need to take a hard look at their own pricing and practices, because simply disclosing conflicts of interest is no longer good enough under the new rule.

The Fed’s quarter-point rate increase is proving a boon to custody banks.

Bonnie Baha, the global developed credit director at DoubleLine, discusses several challenges facing fixed income.

BlackRock made its $152 million deal for the Silicon Valley-based startup FutureAdvisor last August. Since then, its robo advice client roster has expanded.

Deutsche Bank said Quintin Price, who leads the company’s asset management business, has taken medical leave.

The biggest U.S. mutual fund company led in estimated flows to both actively managed funds as well as those that track indexes.

Announcing this year's winners of Money Management Executive's Top Women in Asset Management Awards.

The low-cost, passive trend may be accelerated because of new fiduciary rules issued by the Department of Labor.

Out of about 76 million baby boomers in the United States, approximately 35 million of them lack any retirement savings and that statistic appears to be getting worse.