Alternative investments

The planned closures come just months after the firm introduced a lineup of artificial intelligence-driven products.

Morningstar’s annual study reveals how investors are catching up to funds by making better-timed trades.

Industry leaders discuss advancements in technology, the increasing focus on ESG and developments in ETFs.

Since becoming Franklin Resource's first woman president, Jenny Johnson oversees a majority of the firm’s investment management services.

This move shows how large asset managers have taken note of certain trends.

Banks such as UBS aim to offer money managers refuge from jittery markets by combining bonds with more exotic options.

It’s largely hedge funds that have been bailing out while equity and bond fund managers have remained on the sidelines.

Less than a third of those polled analyze transaction costs before a trade.

The private equity firm’s credit arm grew significantly with the addition of a new insurance platform and an energy investment management unit.

The offering will either directly lend to businesses or invest in the credit of companies facing distress.