Active managers have come under a lot of pressure lately as numerous studies and press reports point out passive investments beat active management, especially when fees are taken into account. Alan Brown, a senior advisor with U.K.-based asse...
The wirehouses may still have the biggest share of the assets, but the independents are right on their heels. In the first quarter of this year, long-term mutual fund assets grew at a faster pace at the independent broker/dealers, regionals an...
