The race is on to create robotic ETFs -- a bet that human investors will trust AI-powered funds.

(Bloomberg) --Legg Mason Inc., the Baltimore-based investment management company, plans to close a quarter of its ETFs next month.The firm is shutting…

The mutual fund industry has long complained about the wait associated with getting SEC approval of new funds.

Direxion, a $13.6 billion money manager, is starting an ETF. Here's what you need to know.

One quirky provision in an SEC proposal could expose ETF investors to a new risk.

For all the clamoring about gun stocks in retirement plans, ordinary investors don't seem to vote with their portfolios.

None other than Vanguard founder Jack Bogle is raising the prospect that too much money is in too few hands, with BlackRock, Vanguard and State Street Corp. together owning significant stakes in the biggest U.S. companies.

With as much as $30 trillion in wealth estimated to transfer from baby boomers to millennials over the next few decades, traditional broker-dealers such as Morgan Stanley want to engage with the next generation.