SEC Issues DOL Fiduciary Rule Guidance for Mutual Funds
The guidance helps funds streamline the process of offering certain fee structures designed to achieve level compensation.
Active Investment Management Never Went Away
But it was overwhelmed by passive investing because of its structural challenges: high costs, high turnover and management by committee.
Equity Funds Rule in 2016: Morningstar
Despite some bumps during the year, stock pickers proved their worth, according to one analyst.
Uncertain Outlook for Muni Bonds in 2017
The municipal bond market may have a lot more to worry about than just rising interest rates next year.
With White’s Departure From SEC, Hopefully the Bullying Will End
Chair Mary Jo White is an extremely smart lawyer, but former prosecutors prosecute; too often, small firms were the victims of bullying by the SEC.
Has the 2016 Stock Market Rally Stolen Next Year's Expected Gains?
Strategists say the rally in stocks since the presidential election has discounted much of the support it might get from a Trump presidency.
Calamos to Become Fully Private Money Manager
The company strikes a deal to sell its remaining minority stake to two executives for $8.25 a share.
Advisors to Boost Use of Managed Futures in 2017, Though Many Have Concerns: Poll
Altegris survey finds majority of reps use managed futures, but more than a third have questions about how the products help portfolios.
Natixis Plans First Target-Date Suite Focused on ESG: Top Portfolio Products
In other product news, Hartford Funds reduces fees on four of its strategic beta ETFs.
More Evidence That Passive Beats Active Among Mutual Funds
The latest S&P Persistence Scorecard shows that few actively managed funds remain at the top of their game three and five years later.