IShares

Main Street Investors Force Big Changes in Wall Street's Fees

Historically, the asset management industry has been merely an easy way for money managers to get rich at your expense. Even today, 401(k) fees alone rob us of $60 billion a year. But investors have caught on and are demanding lower fees -- and lately, they've started getting them.

Even ETFs Beat Hedge Funds in 2009

Retail investors who think they're missing out on the big money because they don't have a million bucks to get into a hedge fund should consider themselves lucky. Hedge funds had their best year in a decade in 2009 -- and yet they couldn't even beat the broader market.