Capital markets

Asset manager Millburn Ridgefield is banking on artificial intelligence as it moves further away from its 1970s-era tradition in trend following.

When pitted against the broader market, the top 20 outperformed both the Dow and S&P 500 by more than 5 percentage points.

Claims by one firm executive that systematic investing “lends itself to providing liquidity” remain largely untested in a post-crisis bull.

The fund’s losses stem from bearish wagers on global interest rates, according to a person familiar with the matter.

The only remaining founder of GSO Capital has left to build a family office and find new opportunities to spend the wealth he’s amassed over 35 years.

Some see a potential cure in a practice that’s commonplace from Italy to the U.K., but banned in the U.S.

Unmarried siblings who cover more than half of their parents' expenses are advised to use the head of household filing status.

Asset managers are increasingly seeking new sources of returns as more than a quarter of investment grade bonds experience negative yields.

Asset managers have been on edge as U.S. equity ETFs reported withdrawals of nearly $18 billion in the three weeks ending Friday.

Although the mistake was short-lived and the dollar value small, the mishap raises new questions about how managers monitor indexes.

Investment banks are increasingly studying the relative positioning of funds that compete with each other to beat benchmarks.

Angst over the Fed’s decision to lower borrowing costs has seeped into the $3.8 trillion market for municipal bonds.

The sector may be edging into dangerous territory, analysts say.

If approved, the fund would be the first in the U.S. to follow a quantitative approach that allocates across asset classes based on risk.

The underperformance is a rarity for the fund, which has beaten the benchmark for nine of the past 10 years.

Nearly all bested the broader market at roughly a third the price of the average fixed income product.

The industry’s most active aggregator makes its sixth purchase of the year.

Soaring demand for loans has spurred DeVoe & Co. to launch a referral service.

“There are too many negatives at this point. What Trump is saying and what the Fed is saying is no longer enough,” an expert says.

After hitting the lowest level since January, the fund climbed on Tuesday as the Trump administration made efforts to de-escalate its dispute with China.