Alternative investments

Financial Risk Management Ltd., a unit of the world’s largest publicly traded hedge-fund manager Man Group Plc, may see the best return from its multistrategy funds of funds since 2009, said its chief investment officer.

Houston-based Salient Partners, a $17.4 billion asset management firm, has officially lifted the veil on its Salient Pure Trend Fund (SPTAX, SPTCX, SPTIX). Money Management Executive previously reported on the fund’s launch.

Forbes has compiled its list of the world's billionaires and a few mutual fund executives have made the cut.

Principal Global Investors is betting big on alternatives.

Principal Global Investors is betting big on alternatives.

William Galvin, Secretary of the Commonwealth of Massachusetts, last week called out Charles Schwab & Co. for recently changing up its customer arbitration agreements by striking its investors' ability to join class action lawsuits.

Karen Wimbish, head of retail retirement at Wells Fargo discusses her 16 years in the securities business.

Many women say their current financial professionals don't measure up. Shouldn't you be offering your services instead?

RegentAtlantic has built up a $2.4 billion firm by rounding up a baker's dozen of niche-focused wealth advisors.

How one firm is preparing for a few of the megatrends heading our way.

First Trust Advisors has launched another actively managed ETF.

Managed futures mutual funds? They are so 2012.

Hedge fund assets worldwide may increase 11% to $2.5 trillion by year-end, according to the survey by the Germany’s largest bank.

Guggenheim Investments is liquidating nine exchange-traded funds to make room for other "products that have demonstrated the most marketplace demand."

Bill Gross’ bank account may be $2 million lighter but it’s going to a good cause.

Forward Management welcomes a macro strategist and portfolio manager to its investment team.

After less than a year of striking out on its own, Pyxis Capital is right back to where it started.

Robert Doll has been named portfolio manager of Nuveen Santa Barbara Long/Short Equity Fund, according to a regulatory filing.

Blue Bell, PA-based wealth management shop Persimmon Capital Management has launched its first mutual fund, Persimmon Long/Short Fund (LSEAX), a multi-advisor mutual fund that employs long/short equity strategies. The fund started trading with $25 million of assets under management.

Schooner Investment Group, the investment adviser to the Schooner Global Absolute Return Fund, is liquidating the alternative mutual fund on March 13, according to a regulatory filing.