Active or Passive? Find Out With This Barometer

In the world of investment management, the hotly debated topic of active versus passive is ubiquitous. Managers that have built careers selecting individual securities with the hope of beating passively-managed, and often lower-cost, index funds have been coming under fire as more and more data becomes available showing just how difficult this task really is….

In Memory of Bill Fouse, Index Fund Pioneer

It is a common misconception that Jack Bogle and Vanguard Group created the first index mutual fund. While Bogle and Vanguard helped to bring index investing to the masses with the first public index mutual fund, it was actually William Fouse at Wells Fargo in the early 1970s that launched the first index fund marketed…