The funds merge active-management strategies with low cost, passive structure.
Five candid reponses on how he will lead the firm, the virtues of robo-advice, and rooting for both the Cubs and White Sox.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Outflows at Franklin and Waddell & Reed mask overall healthy inflows.
ETFs and active small-cap funds still lead the market despite Federal Reserve chatter.
Priorities include business continuity plans, cybersecurity and fee disclosure.
Age-based 529 plans for this year's freshmen don't always get high marks.
Age-based plans for this year's freshmen don't always get high marks. New York, Pennsylvania and Iowa funds get an A, but other states have more homework to do.
The Investment Company Institute blasts the state over its plans to exclude mutual funds from the proposed Secure Choice program.
Trend toward low-cost passive mutual funds will reduce margins.
