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The World's Most Powerful Stock Pickers Don't Manage a Penny

Thanks to the surging popularity of passive investing, MSCI and a handful of its rivals are quietly replacing the giants of money management.

Commodities Advance Boosts Miners as European Equities Decline

Silver touched a two-year high and gold rallied for a fourth day after the Brexit vote spurred demand for havens.

Stay Away From Indian Indexes, Biggest Wealth Fund Manager Says

Quantum Advisors, which picks Indian stocks for Norway’s $860 billion wealth fund, says investors should stay away from index investing in Asia’s fourth-biggest market.

State Street Names Global ETF Business Heads

State Street’s asset management unit said Nick Good and Rory Tobin will take over management of the firm’s global exchange-traded funds business.

Despite Negative Yield Environment, U.S. Munis Remain Attractive

Faced with negative interest rates in their own countries, foreign banks and pension funds are looking increasingly toward U.S. municipal bonds.

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