Charley Ellis has been preaching about the benefits of passive investing for a long time. In 1975, he wrote the now-classic article "The Loser’s Game," which challenged the traditional wisdom about the investment business&mdash...
(Bloomberg View) -- Janus saw the writing on the wall. And it wasn’t pretty.
Like many big asset managers, Janus Capital Group is caught on the wrong side of two powerful trends that are reshaping the financial industry.
The first is the wh...