Asset managers

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

Technology has created efficiencies for RIAs. It’s also a danger, says the firm’s COO.

The top 20 collected nearly $1 trillion in combined assets.

The delay does not “indicate that the commission has reached any conclusions,” the regulator said.

Nearly all posted losses over the last year.

More money has been pulled from hedge funds than added over the past four quarters, while ETFs reeled in $312 billion last year.

The SEC has just approved an ETF with negative fees — a sign that fund managers need to continue adjusting to their straitened circumstances.

An AQR executive just sketched a blueprint for traders seeking to hitch a high-octane ride on the global credit cycle.

These double-digit returns came at a price lower than the rest of the sector.

Asset managers are seeking alternatives to standard mutual fund products.

Clients are paying about half as much to own funds as they were 20 years ago.

One of its products added a record $368 million after the firm discreetly slashed its fee in March.

Rather than developing a new family of ETFs, the asset manager created them as a share class within its existing mutual funds.

The expanded line up of index funds demonstrates one way the brokerage industry is grappling with an ongoing race to offer products at the lowest price.

As she advanced in her career, Franklin Templeton's Dina Ting had many mentors who helped her navigate challenges.

The first of her family to work in financial services, Dina Santoro leads the strategic product and marketing agenda for Voya Investment Management.

Since joining Mackay Shields as an investment management assistant 46 years ago, Lucille Protas is now president, executive managing director and COO.

Since making the decision to join Jeffrey Gundlach at DoubleLine, Luz Padilla now oversees a 16-person team with nearly $9 billion in AUM.

Since starting her career at Vanguard more than a decade ago, Denise Krisko has launched her own sub-advisory business that manages $4.5 billion.

The hiring will “reflect the changing nature of fund management,” a company spokeswoman said.