Although investors may lean toward active management in bonds and international equities, the Vanguard founder says it's only a matter of time until indexing catches on.
Plus, employees buy Montag & Caldwell from BNP Paribas.
Plus, Vanguard merges muni funds, Putnam makes more changes, and more.
Plus, two Vanguard heavyweights disagree on proposed securities transaction tax.
Plus, news from Third Avenue, Fidelity, Barclays, and more.