Stock pickers might as well wear a scarlet "A." "Active management" is becoming more of a taboo when it comes to mutual funds.
SEC Chair Mary Jo White unveiled a sweeping new program for reducing “undue” risk in the $63 trillion asset management business.
Tested by geopolitical risks, oil sell-off, the Wilshire Liquid Alts Index climbed 0.19% in October.
More investors are hopping on the index-fund trend, and not just with stocks.