(Bloomberg) -- Takahiro Kusakari went from being a self-described bum getting by on bit-part acting roles in Tokyo to calling the shots at a $2.6 billion stock fund...

They believe in unicorns. The mutual fund industry is taking on a bigger role in Silicon Valley—and some venture capitalists aren’t happy about it. Fidelity currently holds stakes in 24 unicorn startups—those with $1 billion or more valuation...

(Bloomberg) -- BlackRock Inc. is recommending investors switch to actively-managed bond funds if they want the best returns in emerging markets after a rally this year that was driven by inflows into passive portfolios falters...

(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...

(Bloomberg) -- Vanguard Group Inc. is on track for another record year of inflows as investors increasingly shun stock pickers...

We all know that family background matters, but the connections are sometimes surprising...