Hints and tips:
...It has made investing accessible to the average person in an incredibly durable way,” says Jody Jonsson, vice-chair of Capital Group, the world’s largest active fund manager....
...Today, the mutual fund’s dominance is under threat from newer rivals that promise tax advantages, lower fees and rapid trading....
...Those offerings are smaller scale, which drags on profitability and makes it harder to compete on fees....
...Chief operating officer Jody Ford will take the top job at the end of February. The Co-operative Bank has found a new boss already....
...In contrast, BlackRock’s management fees in its investment business declined slightly....
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