Fund sales switch decisively toward plain-vanilla, index investing, move out of Pimco Total Return has big impact on flows.
Shutdowns come weeks after big price cut as the firm's biggest fund suffers outflows.
Flood of money into passively-managed index funds has helped drive average expense ratios down, but there's more to the story.
Fresh off a year that trimmed its $1.3 trillion U.S. mutual fund business, the fund house made up all of those redemptions in the first quarter of 2015, with the help of successful active management strategies in stocks and bonds.
Financial, health care and consumer discretionary sectors should shine.
Ultralow interest rates and longer lifespans means tried-and-true rule for savers goes out the window.
One could argue that innovations in fixed income ETFs will have a greater impact than innovations on the equity side.
Goldman Sachs Financial Square Federal Instruments Fund will invest in government securities only and cater to investors seeking state-tax-exempt income.
Gap between active and passive funds in international equities reaches highest level since financial crisis.
Stock-and-bond pickers are a side dish served on request in soon-to-come digital advice offering.
SEC Chairwoman Mary Jo White said reforms would “fundamentally change” funds. She was right.
Maintains status as world's biggest bond fund as new managers reverse course set by Gross.
<i>Breakfast with Benjamin</i>: The Iran nuke deal could mean even more oil coming into an already flooded market.
The risk-management tool is a Catch-22 for fixed income investors who need to think big picture.
Simple ways to remove the currency risk are available but advisers need to find &mdash; and understand &mdash; them.
Convertible income fund timed for a rising rate environment.
Adam Nash says Schwab is straying from its original values to profit from hidden costs.
Ameriprise Financial's asset management subsidiary signals a desire to significantly expand its presence in the exchange-traded fund market, as well as license Eaton Vance's mutual fund/ETF hybrid structure.
<i>Breakfast with Benjamin</i>: As the equity markets start to wobble, analysts start to claim they saw it all coming.
Partnership could bring more alternative ETFs to advisers.
