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The purchase comes as active asset managers feel intensifying pressure to bulk up as they face stiff competition from passive and index-tracking funds.

The combined fund, expected to finalize later this year, will retain the Windsor name and continue to focus on large- and mid-cap value stocks.

Citadel Securities is humming at record pace as the coronavirus upends finance, moving dozens of employees and their families to a work-from-resort bubble.

Standard General accused Tusk Strategies of “blanketing the media with false and misleading proxy materials” on behalf of a “secret client.”

There’s a lot to complain about these days, from the effectiveness of the government’s $3 trillion stimulus package to unlimited quantitative easing.

This year’s honorees discuss how their firms are coping with the coronavirus pandemic and how this period may reshape the industry.

Fallout from the deepest worldwide downturn since the Great Depression has magnified economic and social inequality across the globe.

Hedge fund managers, market academics and risk experts are channeling their data-mining smarts to the world of clinical sciences.

With the industry facing ridicule for high fees and low returns, clients have pulled a net $33 billion from the industry in the first quarter, the most over a decade.

With few corners of the fixed-income industry safe from harm, investors’ faith in managers appears to be intact — for now.

A new fund from Pacer ETFs will track an index of companies offering products, technologies and services that are currently in high demand.

Dubbed Disco III, the fund will target leveraged loans, high-yield bonds and collateralized loan obligations.

Some of the industry’s largest names took a hit in last month’s market tumult, including funds run by Ray Dalio, Michael Hintze and Adam Levinson.

Analysis of two funds in particular shows how important the industry has become to the oil futures markets, as they have attracted record inflows.