During his long career, Vanguard Group founder John Bogle has often argued that most actively managed funds trail their benchmarks. In his book Common Sense on Mutual Funds, Bogle notes that 79 percent of active funds lagged the S&P 500 during the...

In 2005, Frank Martin, founder of private, independent RIA Martin Capital Management in Elkhart, Ind., wrote an essay in his annual report to his clients called “The Perfect Storm,” which warned of a potential financial crisis related...

Momentum players were once derided as the “greater fool” style of investing. But there is some proof that the strategy has a place in a portfolio.

With money pouring into index funds and ETFs, passive portfolios are distorting share prices.