Truly passive index and exchange-traded funds are winning over many financial advisers.
Donald Trump’s brewing trade war could have another collateral victim: Americans’ retirement savings.
Morgan Stanley has some computers.
The asset management industry is in a funk. The popularity of low-cost index trackers is crushing fees across the board, while Morgan Stanley reckons a shift to performance-based charges threatens half of the industry’s profit.
Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying.
Indexing pioneer Vanguard Group may be stock pickers’ last hope.
Regulators should require all industry members to join the Protocol for Broker Recruiting.