TCW Closes $400 Million CLO
HSBC Private Banking Adds Key Talent to Americas Investment Office
Plus: The downside of lower oil prices, how to get your money back from Wells Fargo, and why central banks are buying gold.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Investors have been voting with their feet for low-cost funds, bringing down average fees again in 2016.
Why this prominent fund’s struggles don’t doom the category.
When good funds' costs drop, you should pay attention.
Investors should quit assuming choosing an active fund is easy (or just quit), writes Morningstar’s Jeff Ptak.