In a down market, more mutual fund managers were able to beat cheaper passive options for investors.
Any benefit from incorporating ESG credentials into a portfolio is already captured by other well-defined equity factors.
The newly released tool seeks to automate multiple compliance processes, including share class monitoring.
A Securities and Exchange Commission proposal to overhaul how mutual-fund shares are priced has provoked fierce opposition.
A new ETF share class would do away with the cumbersome path of converting mutual funds into ETFs, but experts say the SEC will take a cautious approach.
More than one-third of converted funds have posted net outflows since they made the switch, while 61% have attracted less than $10 million each.
Mutual fund issuer PGIA has filed to replicate Vanguard's model on its ETFs.
Author of Wall Street investing classic argues active management makes sense only in a few illiquid areas.
The winners of tomorrow are not the winners of yesterday. So why hold a fund that mostly tracks the latter?
Treating the highly unlikely as impossible is a mistake.