A Fight Over Factor Investing Tests a Pillar of Modern Finance

A Fight Over Factor Investing Tests a Pillar of Modern Finance

In November a curious paper dropped on SSRN, an online hub widely used by economists to circulate their work. The paper’s authors are two of the most important figures in academic finance: Kenneth French, of Dartmouth College’s Tuck School of Business, and Eugene Fama, a Nobel Prize-winning economist from the University of Chicago. The article … Read more

Fidelity Aims to Break Into an ETF Market Dominated by Vanguard

Fidelity Aims to Break Into an ETF Market Dominated by Vanguard

Fidelity Investments is seeking clearance that would allow some of its best-known mutual funds to also operate as exchange-traded funds, becoming the largest firm to challenge Vanguard Group’s former monopoly on the concept. The Boston-based firm applied Tuesday for a government waiver that would allow its actively managed mutual funds to also issue a separate … Read more