Investment funds

Standard General accused Tusk Strategies of “blanketing the media with false and misleading proxy materials” on behalf of a “secret client.”

Equities have rallied more than 20% from March lows, but remain well below 2020 highs.

Analysis of their performance — and fees — may reveal some surprises.

Hedge fund managers, market academics and risk experts are channeling their data-mining smarts to the world of clinical sciences.

With the industry facing ridicule for high fees and low returns, clients have pulled a net $33 billion from the industry in the first quarter, the most over a decade.

With few corners of the fixed-income industry safe from harm, investors’ faith in managers appears to be intact — for now.

Dubbed Disco III, the fund will target leveraged loans, high-yield bonds and collateralized loan obligations.

Some of the industry’s largest names took a hit in last month’s market tumult, including funds run by Ray Dalio, Michael Hintze and Adam Levinson.