A continuing shift to low fees, growing dominance of mega-managers, and the clamor for product innovation are set to reshape the landscape.
The Pennsylvania-based fund giant stands to gain ground against rivals such as BlackRock while earning more goodwill from retail investors.
The money manager is planning up to $250 million in expense reductions as fallout from its besieged bond management subsidiary continues.
Morningstar research reveals what's holding some advisors back, and which providers are leading the way in responding.
Big fund companies have backed off of ESG, and US funds have closed amid political pressure and as investors have pulled money from them. The funds that remain reveal which managers are committed.
The Jack Bogle-founded firm expects its decision to slash costs for dozens of mutual funds and ETFs will save investors $350 million this year alone.
The CEO says the besieged bond giant is "fine-tuning" its strategies and would soon start integrating back- and mid-office functions with its parent Franklin.
After a two-year drought, US bond funds saw the most new investment last year, with inflows led by big names like Pimco and Dodge & Cox
The BlackRock CEO also weighed in on AI's energy implications and crypto's role as an alternative "currency of fear."
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in climate groups, among other factors.
Move marks the largest single batch of exits as the Franklin Templeton subsidiary continues to navigate fallout from alleged breaches by star manager Ken Leech.
The mutual fund giant's chair and chief executive is retiring after a lengthy 40-year tenure at the firm.
Wealth managers see the market setting up nicely for another positive year for closed-end funds and BDCs.
Fewer are calling their strategies "ESG," but fund companies and institutional investors told US SIF they see the category growing over the next couple years.
But even after an epic year with more ETF conversions expected, one expert argues mutual funds will always have a place.
The Franklin Templeton subsidiary is grappling with an investor exodus and internal tensions following accusations of cherry-picking against its exalted star trader.
Research points to a lack of cost-consciousness, potential benefits from 'fee meters,' and how one major misconception might keep investors from seeking cheaper options.
New State Street research unpacks the advantages for client satisfaction, tax personalization, and building trusting relationships.
Thirty four percent of advisors surveyed by InvestmentNews say they use direct indexing strategies but 39 percent don’t.
The firm is shaking up its leadership amid allegations from the SEC and Justice Department that its fallen star manager Ken Leech perpetuated a three-year fraud.