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FIDELITY INVESTMENTS introduced five new low-cost index mutual funds, a move signaling an escalation of a price war with Vanguard Group. / BLOOMBERG NEWS FILE PHOTO/JB REED

Fidelity steps up Vanguard fee war with low-cost index funds

BOSTON – Fidelity Investments is stepping up its rivalry with Vanguard Group by launching five new index mutual funds with expense ratios it says...

Shift from active to passive approaches tipping point in 2019

BOSTON – A line between active and passive funds is set to be crossed next year.When it comes to mutual funds and exchange-traded funds...
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