Mutual Funds

Stock and bond picking won’t vanish, but mutual fund outflows show they’re endangered.

If the move to passive investing continues at the same furious pace as in recent years, the total assets under management in U.S. equity passive index funds will outpace AUM in active funds by the end of 2019.

John Bogle introduced the first retail index mutual fund in 1976. He built Vanguard to $4.9 trillion in assets under management.

Mutual funds could serve as a model for managing individuals’ data.

If the current trend holds, ETFs will surpass mutual funds and top 50 percent of assets in 2019.

The independent broker/dealer is making it a lot easier—and less expensive—for advisors to run their own portfolios within its centrally managed account platform.