Finance

Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.

Instead of a sale, Orion’s private equity backers are reinvesting to help grow the company’s presence in the TAMP marketplace.

The manager is still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.

The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.

As more active strategies embrace the exchange-traded model, the landscape may be shifting.

The privileged realms of American finance still look much the way they did a decade ago, or even two or three decades ago.

Speculative investors bought a net 206,227 S&P 500 E-mini contracts in the week to June 23, the most since 2007.

As much as $16 trillion of global wealth may be wiped away this year as a result of volatility and economic fallout from the pandemic.

Secretary of Labor Eugene Scalia said retirement plans aren’t for “furthering social goals or policy objectives that are not in the financial interest of the plan.”

A new book could help advisors better grasp the difficulty with the topic of money among underserved client groups.

Cboe’s first new entry will be a suite of four volatility indexes with different tenors based on the iShares 20+ Year Treasury Bond ETF.

Asset manager Blueprint Capital Advisors claims they stole confidential business information and discriminated against the Black-owned firm.

Here's how the largest groups have fared during unprecedented market activity.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

Almost all of the decline reflects performance-related losses rather than client withdrawals, according to a person familiar with the matter.

The ETF aims to track companies specializing in remote-working, learning and entertainment.

As asset managers launch funds with this new structure, lack of familiarity may hinder advisors’ adoption of them.

Owl Rock plans to give up to $250,000 in interest-free loans to those impacted by the coronavirus and other economic and social crises, its co-founder says.

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.