(Bloomberg) -- Investors pulled an estimated $21.7 billion from actively managed funds that buy U.S. stocks in June, the biggest monthly withdrawal since October 2008, Morningstar Inc. reported Monday...
(Bloomberg) -- Once-reliable tools for active managers are being sapped of their potency by an aging bull market, sending mutual funds to some of their worst relative returns in history...
(Bloomberg) -- Actively managed mutual funds in the U.S. have seen $76-billion worth of assets leave for greener pastures in the first five months of the year, according to the Investment Company Institute — except for one firm's...
(Bloomberg) -- Fidelity Investments, known for its history in active money management, is cutting fees for 27 index mutual funds and exchange traded funds in a bid to attract more assets into passive strategies...
(Bloomberg) -- If there's a stampede for the exit in the junk bond market, it won't be investors in exchange-traded funds that get hit hardest. That's the conclusion of the Financial Stability Board, whose members include the U.S...
