Add the online broker to the growing list of firms queuing up to offer actively managed ETFs
New research from industry groups shows that macroeconomic events are more to blame for volatility than exchange-traded funds
Says funds have held up despite fears of a global recession and drama on the Continent
More than any other mutual fund company, American Funds is bearing the brunt of investors' latest infatuation with passive investing.
“There have been hundreds of money fund bailouts, where the funds would have broken the buck if the manager hadn't stepped in,” said Robert E. Plaze, deputy director of the Securities and Exchange Commission's Division of Investment Management
Walter wants industry participants to cool the rhetoric, refrain from issuing public statements; 'destructive disengagement'
Investors are plowing cash back into tax-free bonds and Pacific Investment Management Co. is ready to take advantage of investors' renewed enthusiasm.
Legendary bond investor not a big fan of market-cap-weighted fixed-income funds; 'who's supposed to go broke here?'
Fund giant reduces expense ratios on its $21 billion emerging-markets fund, five others