Ex-Fed Chief Greenspan Tapped by Advisors Capital Management as Econ Advisor
Advisors Capital Management said former Federal Reserve Chairman Alan Greenspan is now an economic advisor to the $1.4 billion RIA firm.
Why Yale Keeps Beating Harvard in the Endowment Game
David Swensen, who has led Yale’s strong performance, says his approach should not be a model for individual investors.
Summer Brings $54.6B in Active Equity Fund Outflows: Morningstar
Still, two fund groups are attracting assets to both their passive and active products, the research group says.
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.
Vanguard, the Unlikely Savior of Active Management
The Bogle-founded firm, the champion of passively managed funds, has provided a blueprint for actively managed funds.
Vanguard Attracts Record New Money as Investors Flock to Passive
The firm had $148 billion in inflows in first six months of 2016; some rival managers struggle to compete for client cash.
Fidelity Fires Latest Shot in Index Fund Fee War
Fidelity's cut to expense ratios on 27 index funds comes several months after Vanguard announced a round of expense cuts.
Passive Funds Trounce Active Rivals in May: Morningstar
Meanwhile, PIMCO has a bit of good news as investors move into fixed income products.
Morgan Stanley Files to Launch ETFs
The wirehouse plans to introduce both passive and active products, according to SEC registration documents.
American Funds Tops Fidelity as No. 2 Mutual Fund Family
Morningstar says that, as of April, there is a change in the second-largest fund group.