The passification of the investment management industry continues to gain momentum though unevenly and not without limits or borders. Across the globe, regardless of type, clients are more discerning. In this hyper-low return environment, they ar...

If the market for so-called “smart beta” exchange traded funds (ETFs) is, by now, close to saturated, what is the next wave coming out of asset management shops? By the flood of recent launches, it looks like thematic ETFs...