Conventional wisdom says that as passive investment strategies grow, they would affect stock prices. The data shows otherwise.

The smaller closed-end fund managed by Ivascyn has outperformed the larger Pimco Income Fund over the past five years.

The Qube Fund, which uses computer models to trade stocks, will be managed by Credit Suisse Quantitative and Systematic Asset Management, which will be a separate group as part of a management buyout.

Data is cheap and ubiquitous. Active investors need to read the human emotions driving the market, says Franklin Mutual's Peter Langerman.

Investors are “at it again,” funding risky deals and driving valuations so high that prospective returns in most asset classes are “just about the lowest they’ve ever been.”

Fidelity announced it will cut fees on 14 passive products, effective today.

Investors looking to take a flyer on the “budding” industry need to understand that risks go up when companies “touch the plant.” Safer plays are further down the supply chain.