Closet indexers virtually guarantee lagging performance
Beleaguered fund fights to find footing after ill-fated Valeant Pharma bet.
A $2 billion payment is due July 1 and funds still have big chunks of the bonds in their portfolios.
The move is another sign that the days of high-cost funds are numbered, and that the Department of Labor's new rule is speeding that decline.
The simplest strategy often turns out to be the best.
In the past two weeks, the tech giant has seen its stock tank 16.3% thanks to disappointing earnings report.
<i>Breakfast with Benjamin</i> The message is being put out loud and clear: investors want lower-cost investment products.
Plus: Warren Buffett isn't sweating the election outcome, find out if you're getting a fair price for airfares, and a Goldman Sachs gym with progressive membership dues
In the latest sign of the changes to come in the wake of the new DOL fiduciary rule, Charles Schwab is taking mutual funds with sales loads off its shelves.
Increased SEC scrutiny may be making ETF providers uncomfortable, and the industry may soon have to adapt to new regulations. </br><b><i>(More: <a href="http://www.investmentnews.com/section/specialreport/20160417/ETF042016" target="_blank">The full Spotlight on ETFs special report</a>)</b></i>
His six funds on average beat more than 90% of rivals
High-fee, actively managed funds fail in the long term.
Three firms are telling clients that despite oil's rout, it remains a good long-term play.
Broker-sold fund companies lag since new regulation released.
Regulator seeks comment on plan for building massive database to help it quickly unravel flash crashes.
Fund designed for investors who want the performance of the S&P 500 Index without all the exposure to weapons, adult entertainment and other traditional Catholic no-nos.
Speaking Monday at the IMCA annual conference in Orlando, Mr. Kitces questioned regular rebalancing and said in one case doing nothing was the better bet.
Regulators concerned about systematic risk in a market rout.
