Mutual funds

Though the industry reaped 34% profit margins and global AUM rose 10.5% to $67 trillion in 2014, revenues rose only 6.3% to $319 billion, while fees dropped an average 40 basis points.

While most people in the retirement industry agree that the Department of Labor has its heart in the right place in wanting to protect individuals from conflicts of interest, many don’t believe the agency has gone about its rule-making in the right way.

WisdomTree is starting an ETF that seeks to minimize exposure to export-reliant companies in the U.S., which typically suffer when the dollar strengthens.

For either the best fund or the worst, how you couch the year's performance to date is key, industry communications experts say.

Apollo Global Management is teaming up with Ivy Investment Management to offer two new mutual funds.

There are several approaches by fund providers to better understand the millennial generation of investors and protect the viability of their offerings.

Mutual fund performance is similar to the performance of stocks, a Wharton professor contends. As a company matures and grows, more investors become aware of it, and its share price better reflects its prospects.

Carl Icahn criticized asset management firms such as BlackRock for selling ETFs that give an illusion of liquidity for “extremely illiquid, and extremely overpriced” securities such as high yield bonds.

BlackRock, the world’s largest money manager, said second-quarter profit rose 1.4% as it attracted money into higher-fee products including active funds and exchange-traded funds.

BlackRock, the world’s largest money manager, said second-quarter profit rose 1.4 % as it attracted money into higher-fee products including active funds and ETFs.