Hedge funds

Pimco's struggles to contain outflows since the departure of money manager Bill Gross in 2014 are coming to an end.

The hedge fund's legal woes, however, have taken a toll on the company's stock, which has fallen about 71% in the past year.

The firm says second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that Germany's largest lender is seeking to exit as client concerns added to volatile markets.

The turn to an outsider marks the latest twist in a struggle to regain footing after a steep decline.

Man Group, the world's biggest publicly traded hedge fund manager, is looking blue after the departure of CEO Emmanuel "Manny" Roman to Pimco.

In his new position, Roman will replace Douglas Hodge, who presided over a tumultuous time that included the departure of Bill Gross and a plunge in assets at the firm.

Maryland’s review comes as the largest U.S. public pensions are abandoning hedge funds or pressuring them to slash fees.

Why active managers do better in junk is a pressing question for investors who've poured $61 billion into bond ETFs in 2016.

Team a top-ranked bond manager with a Nobel Prize-winning economist, and you might just have a shot at beating the stock market.

As the U.K.’s historic vote to leave the European Union jolted markets around the world, investors responded with a mix of shock, fear and excitement.

The investment "helps with institutionalizing our firm," said Andrew Rabinowitz, Marathon Asset Management's newly appointed president.

Investors are flocking to low-volatility, where nearly all ETFs are outperforming their respective markets — be it large-caps, small-caps or international equities.

Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.

Sanjay Valvani was one of four people accused of insider trading and reaping more than $32 million from trades in drug companies using secret tips, according to federal prosecutors.

Advisers may want to point out to clients that protection against exchange rate fluctuations can have major consequences.

The proliferation of asset management firms and the growth of individual funds have forced managers to maintain too many positions and undermined returns said AllianceBernstein CEO Peter Kraus.

MetLife, the largest U.S. life insurer, posted first-quarter profit that missed analysts’ estimates as investment income declined on a slump in hedge fund holdings.

The shift to passive has caused much soul searching, not to mention cost cutting, at some of the world's biggest money managers.

Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street.

The decision could put the spotlight on firms like Citadel, Millennium Management, D.E. Shaw and Bridgewater, which oversee a combined $654 billion in assets, according to SEC filings.