Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
Index tweak forces ETF providers to get creative.
Plus: The SEC's fuzzy enforcement rules, a fighting chance for active management, and the worst part of being rich
The deal creates a global active management complex with $320 billion under management.
Expanded distribution, consolidation and some lower fees expected.
Plus: Claims of a better robo platform, a bright spot in a dim economic recovery, and health insurance won't be less expensive this year or next
Some fund share classes could be on the way out, according to a new report from S&P Global Market Intelligence.
Plus: The next stock market move, the dividend buzz, and being a leader no matter what.
The eleventh sector of the index alters the dynamics of the financial sector.
Hybrid strategy between active management and index funds needs to perform and be cheap.
Plus: Here comes the bear market for bonds, Vanguard leads the way in net inflows this year, and Obamacare continues to crumble
Vanguard's founder weighs in on passive investing, his critics, robo-advisers, Donald Trump and the fiduciary rule. <b><i>(More: <a href="http://www.investmentnews.com/section/video?playerType=Events&eventID=Morningstar2013&bctid=2498789058001&date=20130621" target="_blank">John Bogle's advice to advisers</a>)</i></b>
Embracing the reality of where the money is headed.
Performance anticipation push financials to the head of the pack in August.
Lumping ETFs and mutual funds into the same peer groups.
Tempting yields might be just replacing one kind of risk with another.
Plus: The Fed's new spin, Wall Street women dish out career advice, and how to spend away a summer
But GDP forecasts say, "Not so fast."
Plus: U.S. oil production could derail oil rally, a cash management strategy ahead of October's rule change, and bond ladders still make sense
Advisers should not forget overall portfolio construction objectives when chasing dividend yields.
