Will retain role as chief investment officer.
But iShares is strong competition.
Study finds little negative impact on returns when management of a fund changes.
No matter what tax reform Congress enacts, funds will still feel a bite
Some asset managers traditionally focused on selling through advisers are bypassing them to go directly to 401(k) plan sponsors.
Persistent discounts have often caught the eye of activist investors
Most of the funds are top performers in their categories over the past five years.
Broker-dealer hasn't yet determined whether the platform will be mandatory when it launches next year, given the fluid regulatory environment.
Investors are increasingly shifting their money to passively managed strategies.
Flows into environmental, social and governance funds often follow performance.
The plaintiff claims the plans were "loaded" with proprietary mutual funds, and 98% of the investable assets were held in company-affiliated investments.
Some money managers are adding smart-beta strategies to win a bigger slice of the TDF pie. But will they stimulate advisers' hunger?
Seattle-based Zevenbergen Genea observes what products consumers are gravitating to when picking stocks.
The firms, which focus on active management, are seeking flexibility to lower fund fees.
The plaintiff claims the company only offered one unaffiliated investment option during the class period, resulting in excessive fees for participants.
Distributors of exchange-traded funds are branding their products with actual celebrities in an attempt to stay relevant.
Rising rates don't seem to be deterring fans of dividend-paying stocks.
The gains have come amid a broader rotation into financial stocks — and despite the recent popularity of passive strategies.
The funds are catching on due largely to lower costs and more product availability, but come with some inherent drawbacks.
