Asset management

“I admit I’m nervous about how our clients will react,” AQR's Cliff Asness wrote following the worst run in global equities in six years.

A multi-year reorganization of the firm has lowered head count by more than a quarter but boosted productivity by nearly a half.

The insurance-related securities market has grown as pension and hedge funds seek diversified bets less tied to interest rate or stock market swings.

Building scale has become a key topic for asset managers across Europe amid sustained pressure from larger U.S. rivals.

An index of asset managers and custody banks has lost almost a quarter of its value this year.

Disappointing revenue and profit forecasts from Amazon and Google-parent Alphabet helped push the Nasdaq further into a correction.

With the number of U.S. indexes far outstripping stocks, anxiety is mounting over whether the funds artificially inflate share prices, fueling bubbles.

CEO Manny Roman expects the move will help the firm cash in when the next economic downturn comes.

The new unit seeks to provide investors with fund-of-fund solutions.

It is not uncommon for asset managers to view these three functions as separate and distinct units with entirely different missions and goals.