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Janus Capital Group Inc., the firm that hired bond legend Bill Gross in September, said profit rose 46% in the first quarter as the market rally lifted assets and its funds attracted new money.

Overall M&A deal values in the asset management industry surged last year to $12.7 billion compared to $2.6 billion in 2013, but growth was largely driven by a few mega-deals, as the total number of deals remained flat.

The case complaint is the latest to portray America’s all-electronic stock market as vulnerable to predators with software.

Adding rollovers and IRAs to the definition of fiduciary duties, the Department of Labor's new proposed rule could have a huge impact on firms in a fast-growing and profitable segment of the retirement savings industry.

Most stock investors would be thrilled with an 80% return in the past year. For those who bought BlackRock Inc.’s flagship ETF for mainland Chinese shares, however, it’s akin to getting shortchanged.

BlackRock agreed to pay $12 million to settle U.S. regulatory claims that it failed to disclose a conflict of interest of a top portfolio manager.

Carlyle Group will shut a pair of mutual funds started last year in the latest setback to private equity firms’ pursuit of individual investors.

Announcing this year's winners of Money Management Executive's Top Women in Asset Management Awards.

The toast of Wall Street in 2007 have captured some of that dominance again in the first quarter of this year.

Pimco saw assets decline 5.4% in the first quarter as the money manager seeks to staunch client redemptions in the wake of co-founder Bill Gross’s abrupt departure.

If the Financial stability oversight Council was hoping for any kind of consensus on whether and how it should regulate asset management companies, the feedback it has received on its request for comment is likely disappointing.

Blackstone Group LP, the largest manager of alternative assets such as private equity and real estate, doubled first-quarter earnings as assets swelled past $300 billion for the first time.

Bond ETFs have attracted $35.7 billion this year worldwide, on track to exceed the record $84.9 billion placed last year.

U.S. asset-management executives met with international regulators to make the case that their firms don’t pose a risk to global financial stability.

A recent Morningstar evaluation showed portfolio managers investing more than $1 million in their own funds had a significantly higher success rate than those who invested less, or even nothing at all.

Holders of the three biggest U.S. exchange-traded products that follow oil have withdrawn almost $300 million so far in April, leaving the funds poised for their first monthly outflow since September.

Firms still have many managers deep within their benches that have found strategies to deliver significant returns for investors.

Pimco’s Total Return Fund, the world’s largest bond fund with $117.4 billion in assets, has cut way back on its holdings of U.S. securities.

Never heard of James Miles and David Green, the fund’s managers? That’s no surprise. They’re part of a group whose visibility is diminishing fast: famous stock pickers.

“Asset managers are still giving a ‘free liquidity option’ to investors,” one analyst wrote. “Investors will have to eventually pay for this either upfront, or in terms of higher volatility.”