Fidelity Investments is becoming aggressive in the low-cost battle against index fund giant Vanguard Group.
Kathleen Gaffney, the longtime co-manager of the Loomis Sayles Bond Fund with Daniel Fuss, is no longer with the firm, according to a filing with the SEC.
With the Great Bond-Buying Market going strong for the fourth straight year, American Funds has announced plans to launch three new bond funds in 2013.
Laurence D. Fink, BlackRock chairman and CEO, said the firm will announce fee reductions for large ETFs next quarter, after losing market share to rivals.
Russell Investments and Scottrade reconsider ETF market as they fail to compete with market leaders BlackRock, SSGA and Vanguard.
The Vanguard Group Inc. sent out a warning signal to bond investors Monday.
The Vanguard Group Inc. will be the first to tell you that it isn't in the midst of an ETF fee war, but its competitors, namely BlackRock Inc., must feel that way.
Howard Schow, co-manager of the $30 billion Vanguard Primecap Fund, has died, the company announced Tuesday.
Highland Capital Management has announced it will spin off its mutual fund arm next month into Pyxis Capital, a newly formed firm.