The mutual fund giant’s move to adopt Vanguard’s dual-class model puts it in the running with other asset managers looking for a stake.
While CITs have cost benefits for retirement plan sponsors, they fall short on transparency and investment hurdles, according to Cerulli research.
New leader will lead the team managing ETFs, mutuals with $230B AUM.
The biggest sustainable investment manager in the US is also cutting six such products.
The fund will invest in stocks of drug manufacturers and related industries.
Former iShares leader Salim Ramji will take over in July with question marks over Vanguard's ETFs, crypto strategy, customer service, and international business.
New fact book focuses on state of the investment fund industry.
Measures from the federal regulator are likely to shift the balance of market demand toward less risky assets.
The banking giant’s generative AI-powered strategy, IndexGPT, is the latest attempt by Wall Street to harness the nascent technology.
The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
The global asset management firm is converting a $700M dividend strategy amid pervasive investor demand for tax-efficient fund structures.
As the lines between active and passive strategies blur, product teams will have a tougher time appeasing advisors, Cerulli says.
Data show the first net inflows into mutual funds in roughly two years, with an unprecedented $22 billion net influx into active ETFs.
Morningstar's Target-Date Strategy Landscape report also shows that costs are going down and that CITs are about to surpass mutual funds.
The firm did its first-ever conversions involving two Eaton Vance fixed-income funds.
2023 continued a long-term trend of decreasing expense ratios.
The wealth tech provider is revamping its RIA custody offering for advisors by adding thousands of mutual funds.
116 funds were recognized with a Lipper Fund Award over the five-year period, and 108 funds won the prestigious trophy for the 10-year period.
While advisors’ stances on active differ, money has increasingly flowed to passive funds.
Sustainable investing saw headwinds last year as investors pulled out of funds, but performance recovered from a rough 2022
