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.