(Bloomberg) -- As investors flee active managers, MFS Investment Management, which created the first mutual fund in 1924, is staying the course, picking blue-chip stocks and gaining assets...
It’s easy to get so caught up in something, such as a conversation, a show or a book, that you forget your surroundings. This may also be the case with the active versus passive investment management debate...
(Bloomberg View) -- Forty years ago last week, Vanguard’s John Bogle created the first index mutual fund, offering investors a guarantee: They would never outperform the market, but nor would they underperform it. The Index Investment...
BlackRock Inc portfolio managers will be allowed to borrow from their peers if they are pressed for money to cash out clients, U.S. Securities and Exchange Commission officials said.
Charles Schwab Investment Management announced the launch of a series of index-based target date mutual funds on Thursday that the asset manager says are the lowest-cost target date mutual funds available to employer-sponsored retirement...
