After a strong start to 2019, March saw two-thirds of stock-picking mutual funds trail benchmarks.

Given the instability in the market, can clients rely on these income funds to provide the support they expect?

A new academic paper, supported by the Investment Adviser Association’s Active Managers Council, argues that active managers play a role in making markets efficient.

Arguments that they lack transparency or may be subject to manipulation are largely off base.

The transition of power has picked up in recent years as consumers turn to cheaper products that track indexes instead of relying on a fund manager’s stock-selection prowess.

The regulator’s initiative will result in more than $125 million being returned to harmed investors.

The Massachusetts Secretary of the Commonwealth's securities division is requesting information about Fidelity's mutual fund fees.

Fidelity's fees and disclosures of them are being probed by the U.S. Department of Labor.

Financial firms introduced a slew of products that didn’t charge fees last year. Investors yawned.

For active managers to outperform, someone else must do badly, Sanford C. Bernstein's Robert Van Brugge said, and historically that’s been retail investors.