In the Margins
Actively managed mutual funds had a good year in 2015, yet still ended up down 4.2%. "To claim bragging rights over the robots, you had to be locked into an investing style that itself trailed the Standard & Poor’s 500 Index total return by about 6 percentage points and ended up losing money," Bloomberg's Dani Berger writes. "Add this to the list of reasons that 2015 saw an unprecedented amount of money flow to passive from active strategies." Read the original article from Bloomberg.
Most Read
When the Securities and Exchange Commission announced earlier this month it was charging a mutual fund adviser, some of its officers, and two independent fund directors ...
Independent mutual fund directors, on average, took home more pay in 2022 than they did the year prior, according to new figures from Management Practice Inc. ...
The Securities and Exchange Commission on Friday said it has charged an investment adviser, its CCO, its fund's president, and two independent fund directors with "aiding ...
William Birdthistle, director of the SEC's Division of Investment Management, delivered keynote remarks at a mutual fund industry conference this morning but failed to address a ...