Last week, S&P Dow Jones Indices released its annual U.S. S&P Indices Versus Active Funds (SPIVA) Scorecard, showing that 66 percent of large-cap equity managers underperformed their benchmark in 2015. This week, American Funds, the darling of th...
Fund shareholders pay about $308 million a year for the printing and mailing of shareholder reports, the Investment Company Institute estimates. But a Securities and Exchange Commission proposal allowing the e-delivery of such reports was expected...
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A survey of more than 1,100 financial advisors found that in the upcoming presidential election, they favor Florida Sen. Marco Rubio. The poll by Advisor Perspectives, which included 13 candi...
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A growing number of advisors and investors are catching on to sustainability investing; U.S. managed assets that invest using environmental, social and corporate governance and other socia...
You hear time and time again that investors shouldn’t chase performance. But a recent Morningstar study found that top performing funds in the previous year do, in fact, continue to benefit over the next year...
According to new data released Thursday by Broadridge’s Fund Distribution Intelligence, ETF assets increased $124 billion in 2015, hitting an all-time high of $2.2 trillion. Comparatively, long-term mutual fund assets decreased by $161 billio...
Keep calm.
Four major banks in the U.K. – Barclays, Royal Bank of Scotland, Lloyds Banking Group and Santander – are developing their own robo advisors aimed at mass-market consumers. According to The Financial Times (subscription required), o...
The first exchange traded managed fund, a new fund structure that is a hybrid between an actively managed mutual fund and exchange traded fund, is set to launch Feb. 26. Eaton Vance, which developed the new structure, announced that its Eaton...
Jan 13 U.S. securities regulators launched a review of potential liquidity risks posed by high-yield bond fund managers in the aftermath of the collapse of Third Avenue's junk bond fund in December, according to a document seen by Reuters and...