S&P

Why? Three other competitors have an astounding 95.8% of market share.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.

One theory for underperformance has been the long steady gains in markets since the financial crisis.

Hedge funds are under pressure to justify their fees as bond indexes extend gains.

While a broad-market stock ETF generates fees of as little as 20 cents for every $1,000 invested, AI products range from $1.80 to $8.

The deal to add ready-made packages of funds to the firm’s asset management arm is expected to close in the first half of the year.

In today’s age of data and algorithms, the underpinnings of human-led investment philosophies are in question.

Since the financial crisis, many managers pivoted from making money to playing defense.

SPIKES, a product from MIAX Options, is being pitched as a lower-cost alternative.

The pessimism is especially unusual given that the group’s asset flows haven’t moved opposite the market in more than a decade.

The reduction, which includes 15% of senior management, is part of a larger effort to cut costs and automate more business.

A growing body of research is looking into whether the expanding influence of passively managed funds is making companies less willing to compete.

The firm’s new CEO Ronald O’Hanley is pushing to reduce expenses, automate more functions and simplify organizational structure.

Slower economic growth and increased market volatility have investors seeking large companies with healthy balance sheets.

Daily volume jumped 22% to 20 million contracts in 2018.

A recent herding to the sector may be more of a gut reaction rather than a careful evaluation.

Inversions have occurred seven times since the early 1950s and all but one of those instances preceded equity gains.

In the Treasury market, all eyes remain on the yield curve after three-year yields climbed above those of the five-year bonds.

Price moves have become more pronounced among the companies managers expect to rise.

Investors have grown cautious following October’s rout in global markets.