Asset managers

Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.

The manager is still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.

As more active strategies embrace the exchange-traded model, the landscape may be shifting.

Cboe’s first new entry will be a suite of four volatility indexes with different tenors based on the iShares 20+ Year Treasury Bond ETF.

Asset manager Blueprint Capital Advisors claims they stole confidential business information and discriminated against the Black-owned firm.

Here's how the largest groups have fared during unprecedented market activity.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

Almost all of the decline reflects performance-related losses rather than client withdrawals, according to a person familiar with the matter.

The ETF aims to track companies specializing in remote-working, learning and entertainment.

As asset managers launch funds with this new structure, lack of familiarity may hinder advisors’ adoption of them.