Mutual funds

Of the 25 new ETFs, the majority come from JPMorgan and investment company Direxion.

Although many underperformed the broader market, just over half posted double-digit gains.

The industry is embracing new technology, big data and alternative investment strategies as clients demand more from funds.

Data reported by the Investment Company Institute.

If approved, the actively managed product will hold anywhere from 60 to 100 equities across sectors and will have no position holding over 5%.

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

Some of the same features that led to their unpopularity may also be what uncorrelated them from their peers, an expert says.

On the surface, ETFs seem like a natural fit for ESG investors, but there’s an key difference between the two.

Fixed-income products designed to minimize interest rate risk are among the leaders.

Just five asset managers hold about 80% of the new money added to the municipal-bond market this year.