(Bloomberg) -- Investors pulled $32.9 billion last month from actively managed U.S. mutual funds that buy domestic stocks in July, the biggest monthly outflow in data going back to 1993, as money continues to move into low-cost passively...
(Bloomberg) -- Gays Against Guns, a group formed days after the June massacre at a gay nightclub in Orlando, will target BlackRock Inc. to kick off a campaign pressuring companies to cut ties with the firearms industry...
Parents (and wealth managers) just don't understand. | ViewApart/iStock/Thinkstock
Firms can do a better job supporting high-net-worth millennials—or at least the advisors who service them, according to a new report. Ninety percent of HNW baby...
The passification of the investment management industry continues to gain momentum though unevenly and not without limits or borders. Across the globe, regardless of type, clients are more discerning. In this hyper low return environment, they ar...
The passification of the investment management industry continues to gain momentum though unevenly and not without limits or borders. Across the globe, regardless of type, clients are more discerning. In this hyper-low return environment, they ar...
As an advisor, you may gloss over new funds that come into the market, instead relying on your old, established favorites. But in 2015, new funds with less than 12 months of track record accounted for $379 billion, or 73 percent, of new fund flows...
(Bloomberg) -- The stock market may be getting too complicated to be left to ordinary money managers...
(Bloomberg) -- Manny Roman was blunt: A lot of mutual funds stink...
(Bloomberg) -- Index funds often benefit from a low-cost halo. They don't all deserve to bask in that glow...