-
The hedge fund's investment to-date in the New York-based bank is valued at more than $1.25 billion.
August 16 -
Could there be a limit on how many ETFs the world needs?
August 16
- Money Management Executive
"The business model of the asset management industry is really archaic," says Scott MacKillop, founder of First Ascent Asset Management.
August 15 -
By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.
August 15 -
Since last year's rout, exchanges, issuers of exchange-traded products and other market players have met to discuss improvements.
August 12 -
The stock picker, known for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM, an investment adviser that he and the company jointly own.
August 12 -
The increased demand flies in the face of warnings from investors such as Bill Gross and Jeffrey Gundlach that the bond market is in a bubble
August 11 -
Silver is outperforming the quintessential haven, gold, because production of the white metal is forecast to decline for the first time in five years.
August 11 -
Hedge funds on average rose 1.7% last month, according to Chicago-based Hedge Fund Research, the fifth straight month of gains.
August 10 -
Treasuries and related securities at the Newport Beach, Calif.-based firm accounted for 45.6% of assets, rising from 39.7% in June.
August 10
