The founder of Vanguard Group, the world’s biggest fund company, says investors are unhappy with active management.
Markets flag after Draghi downplays further easing; Chinese inflation remains tame; Wells Fargo fined over fictitious accounts; China’s new railway boom.
In this exclusive excerpt from his upcoming book, the longtime consultant explains why he’s come to believe that active investing is ultimately a loser’s game.
A different supply-and-demand environment and regulatory changes are two factors behind a shift from futures contracts to ETFs.
Companies that have strong competitive advantages in their respective industries are more likely to be on track to keep generating steady returns.
Growth rate of these factor-based products takes off, with low-volatility funds leading the pack.
Since joining the index provider two years ago, Andreetto has focused on client communication and investor-directed innovation.
Eaton Vance CEO Tom Faust concedes that it’s been a slow boil for the ETF–mutual fund hybrid so far, though better distribution may help.
Research Affiliates, BlackRock and other firms warn against falling for marketing spin and piling into popular factor-based strategies.
When it comes to strategies for ultra-high-net-worth individuals, Ben Franklin, David Swensen and Warren Buffett are on the same page.