
Ackman Bets Against Junk Bonds, Now Resurgent
Hedge fund honcho thinks dragged-out economic recovery will harm high-debt companies.
Hedge fund honcho thinks dragged-out economic recovery will harm high-debt companies.
But will index funds hold on to their appeal if US stocks hit a bear market in the next year or two?
Market saturation, diminishing investor confidence drives slower pace—and lower fees.
The $8.9 billion in inflows in the first six months smashes 2018’s full-year record.
Practice seen as less risky as it was before the financial crisis.
Indexes now make up a bit more than one-third of funds, but will reach 50% in two years, the agency says.
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.
Brown Brothers Harriman study finds investors are now looking at them as defensive plays.
The late Vanguard founder was best known for passive investing. But he decried its offspring, exchange-traded funds, as an abomination.
Survey finds growing number of financial advisors need outside help.
The end of the emerging market boom doesn’t mean that these stocks are in a death spiral.
Passive assets under management could exceed active by 2027.