Despite what many think, diversification didn’t fail investors during the financial crisis. It helped them get back on track, according to a panel at the Morningstar Investment Conference.
As GE’s recent removal from the DJIA demonstrates, index turnover is constant, but it’s only in response to news active managers already knew.
The SEC will discuss whether to propose regulations that would allow asset managers to sell certain types of exchange-traded funds without first gaining its approval, according to the commission’s agenda.