Long-only popularity slides; new managers gravitate toward hedge funds
Asset management companies are reaching out to advisers more than ever, and their <a href="http://www.investmentnews.com/gallery/20130827/FREE/827009999/PH">arsenal of contact methods</a> has expanded.
When CalPERS talks, people listen. Hear this: the pension fund giant is switching to all passive funds in its DC plans, citing lower costs, participant preference.
Closet indexers could get a boost because of the funds' lower fees
Friendly argument breaks out at ICI meeting after comment by CEO of Forward Management; State Street exec offers repost
Stocks' rally gaining attention as investors seek more risk.
U.S. equity funds have highest weekly inflows since June 2008
Investors yanked $9.7 billion in first month of outflows since 1994
Portfolio managers need to put some distance between their holdings and their benchmarks