Pension funds contend that BlackRock unit violated its fiduciary duty.
Schwab reportedly is putting together a commission-free platform — but there may be a catch
McKinsey says name brands will drive big growth over next seven years.
Asset buying to boost economy likely to hit yen, denting equity returns
Buckley replaces Sauter but equity hole opens with departure of Bhagat.
BlackRock's iShare could beat longtime champ after index shift.
Spahr, three other Columbia Funds vets, sign on; 'no room for closet indexers'
Latest salvo in battle for market share
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Vanguard's index change giving advisers one more thing to think about.
Best month of sales in more than three years, thanks to a rush into U.S. large-caps
Locked in a price war with rivals, Vanguard has deployed a new -- and dramatic -- tactic. The fund giant plans to switch the benchmarks for 22 funds. Why? To reduce the licensing fees the company pays, and thus its expense ratios.
Pyxis hopes to gain from high-yield debt demand, prices fund lower than PowerShares' fund.
Junk bond fund deposits soar to highest this year as ETFs lead
Losing market share to index-fund specialist; 'we are not happy ...'
