(Bloomberg View) -- A seismic shift is upending the trillion-dollar business of managing money for both institutional and individual investors. From the accelerating movement of cash into passive index funds to the recent drop in fees in...
(Bloomberg Gadfly) -- A nightmare scenario has haunted asset managers for years: What if the flood of cash that's poured into debt mutual funds since 2008 suddenly reverses, leaving a field of financial-market carnage behind...