Mutual funds

The firm is adjusting to more investors opting for low-cost funds over active management.

The new job will focus on middle-office services like hedge funds, software solutions and the firm’s message and connectivity engine.

East Capital’s founder says investors struggling to demonstrate value in the face of competition from ETFs should take a lesson from investing in Russia.

Data reported by the Investment Company Institute.

July 10: U.S. Trust’s Scott Reeves has faced skepticism about his firm’s strategy. He welcomes the chance to challenge any misconceptions.

Active management gets a black eye when funds can’t keep pace with indexes, especially when the shortfalls aren’t short-term.

Taxable-bond mutual funds added more than $17 billion in June, while domestic equity funds lost about $15 billion.

The positive net flows of U.S. mutual funds was driven by taxable bonds.

Taking a 20-year outlook is the best way to make gains, says Lipper number cruncher Tom Roseen.

Even though they have posted positive returns, debt and equities markets have been moving in opposite directions for the better part of two decades.