Mutual funds

Here are the industry’s top 20, which brought in more than $700 billion in assets.

The deal will push Paris-based iM Global’s assets above $24 billion and enable it to break into wealth management.

While the quant firm will miss becoming the first to flip mutual funds to ETFs, its nearly $26 billion conversion will by far be the biggest.

This group carried fees nearly three times the industry average.

Some familiar names top the list for these investors who kept about 35% of their brokerage assets in equities.

The move by Guinness Atkinson is likely to be just a start — quant giant DFA is already next in line to make a similar change to its product line.

These long-term leaders also generated gains of more than 76% over the past year.

Just one of the leading 20 mutual funds and exchange-traded products eked out a gain this past decade.

Much of the industry’s skepticism centers on the cryptocurrency’s unpredictable price swings and the lack of things it can buy since its creation.

The 20 categories with the biggest gains are home to nearly $10 trillion in combined assets.

The 20 funds in this ranking carried an average expense ratio of more than twice the broader industry.

The top 20 carried an average expense ratio of more than three times the broader industry.

Founder Nancy Davis says her recently converted long-only product reflects the direction of travel for the broader asset management industry.

The top 20 more than doubled the gains of their fixed-income industry peers.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The bank allegedly made “hundreds of millions of dollars” by investing client assets in underperforming proprietary and affiliated funds without disclosing conflicts to clients.

The biggest losses this year came from sectors that suffered the most in lockdown.

The allegations involving 12b-1 fees, cash sweeps and commissions also include violations of best execution rules.

The fund has absorbed $15.6 billion so far in 2020.

With an average gain of more than 108%, the lineup includes actively managed leaders with fees well above 100 basis points.