Mutual Funds

Vanguard CEO Bill McNabb said Morgan Stanley had decided to stop selling its mutual funds because it wants "to be compensated for being on their platform in one way or another, and that's something we just won't do."

Over the decades, active mutual funds have gotten fat on big fees, investor ignorance and a rising market that let people overlook the costs. That era is over.

AllianceBernstein just lost a chief executive with the guts to tell a proud industry what it must do to be competitive.

The technology company invests in corporate bonds, U.S. treasuries and money market funds to avoid bringing money back to the U.S. from abroad and triggering corporate income taxes on the earnings.

RBC launches new tech suite, the real reason fees are going down and how a small online auction site uncovered a profoundly undervalued Chinese vase.

With Trump’s tax proposal kicking the U.S. reflation story back into gear, industry and financial sector funds took in fresh money this past week. Gold funds posted their biggest weekly outflow since the beginning of the year.

Post French presidential election, weekly flows into European equities hit their highest level since 2015.

Still, despite better than expected growth in the first quarter, funds dedicated to China and Korea lost investors over the past week.

European equity funds took in the largest net inflows in 71 weeks after the French election pointed toward a more pro-business outcome.

Renewed interest in the U.S. reflation story did not move the needle for TIPs funds; it did rekindle investor interest in Bank Loan Funds, which extended an inflow streak begun in November.