Hedge funds

For younger investors, the current experience of "finding and investing in a mutual fund feels very broken," says co-founder of the investing app startup.

While the industry scores relatively low in its digital capabilities, firms that invest in technology are growing nearly twice as fast as their peers.

An advisor kept working with clients, and impersonated others on phone calls with Schwab, the SEC says.

Playing both sides of the coin may be one of the few ways to avoid getting caught by this year’s schizophrenic market.

UBS wades into relative-value strategies with short-term structured notes

To get back into investors’ good graces, funds have had to alter traits like their liquidity, fees and even their overall structure.

The pool of money will primarily buy investments from so-called side pockets of illiquid stocks created before 2008.

A younger cadre of managers led by new President Jonathan Gray is moving up.

The firm aims to target affluent mainland investors for the first time, while making it free of various offshore investment restrictions.

Rebranding efforts from Allianz’s $595 billion asset management arm are aimed at reassuring investors that stock pickers are worth the extra fees.