Index fund giant Vanguard is the year’s biggest gainer, in percentage terms: Its total soars by nearly 25 percent, to $2.29 trillion. In dollar terms its $444 billion increase is second only to the gain notched by the No. 1 firm, New York-based BlackRock, Inc. (NYSE:BLK), whose total jumps by $532.7 billion, to $4.3 trillion.
BlackRock: Top Money Manager for 2014
The U.S. Federal Reserve is treading carefully with raising rates amid the widespread economic, macro and geopolitical uncertainties sweeping around the world. The Fed raised its target level as high as 20% in the early 1980s to deal with runaway inflation, but we're a far cry from that today — a time when inflation threatens Read More
Infographic via: Institutional Investor