How a Once-Stellar Fund Hit Hard Times

Plus: How Vanguard Is Faring Under CEO Salim Ramji, Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers, and Why You Shouldn’t Rule Out Bank Loans

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May 28, 2026 3:02pm EDT

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Fund Spy

May 28, 2026

How a Once-Stellar Fund Hit Hard Times

A cautionary tale of multiple red flags.

Tony Thomas

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Investors First: Markets Are Converging. What Comes Next?

Where do investment opportunities live today—public markets, private markets, or somewhere in between?

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Private Credit Pricing: Are Prosecutors Opening Up Pandora’s Box?

A probe of BlackRock TCP Capital could have implications for an entire industry.

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How Vanguard Is Faring Under CEO Salim Ramji

Also, his firm’s rare rating.

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A Low-Cost Way to Own US Large-Cap Growth

With rock-bottom fees and minimal turnover, this exchange-traded fund consistently outpaces most large-growth peers over the long run.

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Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

A new study overturns claims that AI can generate positive alpha in mutual funds. Here are some practical takeaways for investors.

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Why You Shouldn’t Rule Out Bank Loans

These two bank-loan funds can help investors navigate an environment upended by the software industry’s recent woes.

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How a Once-Stellar Fund Hit Hard Times

Plus: How Vanguard Is Faring Under CEO Salim Ramji, Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers, and Why You Shouldn’t Rule Out Bank Loans

Fund Spy

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