Plus, shakeup at SSgA, SEC disclosure proposal, and more.
Simply choosing to index doesn't get you very far. Focusing on low costs does.
Management changes at Fidelity funds, a new CIO at D.E. Shaw, TIAA-CREF rolls out a new international fund, a Gold-rated FMI fund to close, and more.
These funds are getting less active.
Plus, changes at UBS, Vanguard, Fidelity, and more.
Plus, Third Avenue Value celebrates its 20th anniversary, and more.
Plus, Janus reshuffles, Vanguard defends active funds, PIMCO Total Return and Fairholme updates, and more.
How do Vanguard's actively managed funds stack up against its index funds?
Also some advice on how to avoid buying the distribution this year.