Mutual Funds

Active managers fear the money pouring into their passive rivals.

More family offices are poised to integrate ESG and impact as millennial heirs inherit fortunes.

The unit, aimed squarely at fee-based advisors, has hired former WisdomTree exec Geoff Hunter as vice president, relationship director and investment specialist.

The top 25 fund families hold $15.7 trillion, or 82% of investors’ assets in U.S. funds, according to Morningstar.

In periods of stress, ESG bond funds have outperformed non-ESG funds.

Money-market mutual funds saw $18 billion of inflows in the week ended Wednesday, pushing total assets to an almost 10-year high of $3.35 trillion.