Finance

The fund’s losses stem from bearish wagers on global interest rates, according to a person familiar with the matter.

The only remaining founder of GSO Capital has left to build a family office and find new opportunities to spend the wealth he’s amassed over 35 years.

Some see a potential cure in a practice that’s commonplace from Italy to the U.K., but banned in the U.S.

Unmarried siblings who cover more than half of their parents' expenses are advised to use the head of household filing status.

Asset managers are increasingly seeking new sources of returns as more than a quarter of investment grade bonds experience negative yields.

Asset managers have been on edge as U.S. equity ETFs reported withdrawals of nearly $18 billion in the three weeks ending Friday.

Although the mistake was short-lived and the dollar value small, the mishap raises new questions about how managers monitor indexes.

Investment banks are increasingly studying the relative positioning of funds that compete with each other to beat benchmarks.

Angst over the Fed’s decision to lower borrowing costs has seeped into the $3.8 trillion market for municipal bonds.

The sector may be edging into dangerous territory, analysts say.