No more commissions for 18 BlackRock ETFs.
Plus: Warren Buffett thumps Donald Trump on taxes, Russia drives energy ETF rally, and Ken Bone and his famous red sweater
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
The biggest threat to the financial advisory industry might be underestimating the risks posed by a hacker or computer virus, technology security experts say.
Index tweak forces ETF providers to get creative.
Plus: The SEC's fuzzy enforcement rules, a fighting chance for active management, and the worst part of being rich
The deal creates a global active management complex with $320 billion under management.
First post-merger mutual fund already filed.
Expanded distribution, consolidation and some lower fees expected.
