Avantis Investors has filed to launch five equity strategies aimed squarely at fee-based advisors, promising broadly diversified portfolios and low fees.
Allianz plans to use the robo advisor Moneyfarm to offer some of its actively managed funds directly to retail investors, without them having to go through a bank or a broker.
Fidelity announced a 14% price reduction on entry-level share classes of the Fidelity Freedom Index Funds and its institutional Index Target Date Commingled Pools.
Eaton Vance Management’s 88-year-old Large-Cap Value Fund, one of the oldest U.S. mutual funds, is beating the market and peers this year in defiance of the overall trend.