Dirty deeds done cheap.
Mangulina
Now that passive funds have eclipsed their actively managed competitors, climate finance is increasingly in some new pairs of hands.
Christian Bale plays quirky hedge fund Michael Burry in The Big Short (2015).
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Michael Burry was right about the bubble that caused the Global Financial Crisis. He's wrong about the next bubble being passive investment.
John C. Bogle, founder of Vanguard Group, died in January.
Reuters/Tim Shaffer
The index fund revolutionized investing for millions. Its founder died on Jan. 16.
The Big Three.
Together, three asset managers now control shares in 40% of all publicly listed firms in the United States.