Another Bad Month for Active Funds: Morningstar
With active U.S. equity suffering its largest monthly outflow since October 2008, some fund families feel the pain.
Sell Oppenheimer Muni Funds on Puerto Rico Risk, Ameriprise Says
Oppenheimer funds held $3.5 billion worth of Puerto Rico securities as of March 31, the most of an mutual fund group, according to Morningstar.
Stock Market Rally Won’t Last, Goldman Warns
Goldman strategists caution investors that the “risk-on” mantra that has prevailed since immediately after the Brexit vote can reverse quickly.
Oil Producers Prepare for Second-Half Slump as Rally Sputters
Crude oil prices have fallen more than 10% from their early June peak, pressuring drillers to do everything they can to raise cash.
Real Estate to Become Its Own S&P 500 Sector
Moving real estate out of financials and into its own sector should increase its importance in investor portfolios.
Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.
Emerging Market Stocks Head for Best Week in 4 Months on China Data
The MSCI Emerging Markets Index is approaching an eight-month high, led by telecom and consumer discretionary stocks.
World’s Top Investors Ring Alarm as Markets Reach New Highs
They include BlackRock's Larry Fink, Doubleline Capital's Jeff Gundlach and Janus Capital's Bill Gross.
Betterment Assets Top $5 Billion; Firm Hires Its First CFO
Betterment CEO Jon Stein says assets are five times what they were just 18 months ago.
SEC Launches Exam Sweep of Advisors' Share Class Picks
The Share Class Initiative targets mutual fund and 529 plan share classes with substantial loads or fees, including 12b-1 fees.