Being a hedge fund manager used to be the kind of job you did after a stressful life in banking. Now, not only are there fewer such roles, but they're as taxing as ever. Indeed, the entire money-management world is being turned on...

(Bloomberg) -- Investors in U.S mutual funds and exchange-traded funds are paying lower fees than ever before to have their money managed as they shift cash into cheaper products that track indexes, especially those sold by Vanguard Group Inc...

(Bloomberg) -- Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street...

(Bloomberg) -- Vanguard Group keeps getting more dominant...

(Bloomberg) -- Blackstone Group LP, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity Investments...

(Bloomberg) -- The fund linked to U.K. Prime Minister David Cameron’s father in the leaked Panama documents may be sparking questions about tax avoidance, though whoever invested in it didn’t fare so well...

Since the beginning of 2015, about $250 billion has moved out of actively managed mutual funds and into passively managed index funds and ETFs.

(Bloomberg) -- Skepticism is one thing this rally hasn’t lacked...

Just like a smart driver focuses on the road ahead while scanning all mirrors in the car, smart CEF investors and their advisors should focus on long-term income and cash flow goals, while considering information from all available sources.

(Bloomberg) -- The mutual fund David Iben oversees lagged behind more than 95 percent of its peers for two consecutive years. This year, the chief investment officer’s performance stands out for the right reason...