Finance

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

The 82-year-old company’s strategy has helped secure net inflows in all but one of the five years through 2018.

Already, the fund has agreed to transactions involving German wind energy project developer PNE and Altice Europe’s Portuguese fiber assets.

Data reported by the Investment Company Institute.

Direct lenders, including hedge funds and buyout firms, are prepared to spend billions to lure borrowers away from the $1.2 trillion leveraged loan market.

In a business increasingly dominated by inexpensive index funds, the young juggernaut succeeded by actually picking good investments.

Despite the exodus, all of the mutual funds and ETFs on the list posted net gains for the year.

The four new types of funds use a so-called proxy basket and will publish some information about their portfolios every day.

Of all the end-of-year financial faults affecting workers, this one could cause them to end up working longer than they had intended.

Brokerage firms that sell the funds must determine whether clients understand their risks — a requirement that could discourage offering them at all.

As the hedge fund manager nears a deal with the MLB team, he says his role as head of Point72 Asset Management will not change.

Mark Wiseman, global head of active equities and frontrunner to succeed CEO Larry Fink, said he failed to disclose a consensual relationship with a colleague.

Mergers and acquisitions involving wealth advisors and brokers reached a seven-year annual high in November, according to data compiled by Bloomberg.

“There’s less performance chasing than you saw in the past, and that’s a positive thing,” an expert says.

The fund gained 22% last month, beating more than 1,970 rivals.

The planned launch from Cornerstone Capital would be the firm’s first stock fund for individual investors with social and environmental goals.

Before picking a tech vendor for your firm, you might want to have a chat with Carson Group President Teri Shepherd, who speaks with the benefit of hard-earned experience.

Not a great idea, says Alan Foxman, but if you’re determined, there may be a way.

Challenges abound even without the issues posed by inconsistent global definitions.

Macro products that trade everything from euros to oil have struggled amid soaring stock valuations and ultra-low interest rates.