Asset managers

Compensation levels rose approximately 7% last year despite mounting industry challenges.

The new data will allow retail investors to better compare active and passive funds.

The money manager is also offering pension and 401(k) plans that exclude firearms from employee retirement programs.

The $5.7 billion fund slumped 2.6% in premarket trading after finding itself in the crosshairs of tit-for-tat tariffs between the U.S. and China.

The convertible bond ETF has its heaviest weighting in the semiconductor industry.

The money manager has been shorting a group of technology stocks, which he’s described as a “bubble basket.”

Issuers and investors stand to benefit from the provision, which makes it easier for managers to select securities for their funds, but not without risk.

Portfolios will be selected based on machine learning and natural-language processing.

While outpacing the S&P 500, the price tag is higher — the average expense ratio is more than 1%.

The $11 billion hedge fund is accused of operating like a “boys’ club” where women were paid less than their male counterparts.