“Over a market cycle, we’ll put up our results against passive any day of the week,” CEO William Stromberg says.
Fed Chair Janet Yellen was the latest policy maker to comment, calling equity valuations "somewhat rich."
Bankers being charged for with alleged violations of fair dealing, securities and municipal bond rules.
Shrinking balance sheets possibly putting the market at risk.
Low volatility has yet to stress the ETF market, Global Trading Systems' Ari Rubenstein says.