Nearly half of large-cap U.S. stock funds outperformed their bogies in the 12 months ended June 30, according to Morningstar. That's up from 26% which topped benchmarks in the year...
This just in: 58% of large-cap mutual funds beat their bogies for a fifth consecutive month in July, according to BAML. It's the longest streak of more than 50% of funds topping...
Weighting fees by size of the fund's assets, a Morningstar study found investors paid average expenses of 0.57% in 2016, down from 0.65% three years earlier.Price wars and the...
The flood of money pouring into stocks since the election isn't helping mutual funds, which somehow saw $3B of outflows in the last week. Equity ETFs, meanwhile, had $27B of...
By Dan Freed NEW YORK (Reuters) - Several large Wells Fargo & Co (N:WFC) investors say they are looking for changes on the board of directors in the wake of a sales scandal...
"We've got to get rid of this," says hedge fund honcho and Trump advisor Anthony Scaramucci, speaking about the DOL's fiduciary rule.Set to take effect in April, the Department of...