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Mass exodus from the market has forced managers to dump securities to raise cash, sending prices tumbling the most in at least four decades.July 9
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The leaders raked in a combined $949 billion over the past decade.July 7
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A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.July 7
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The manager is still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.July 1
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The firm had a target of joining the "$1 trillion club." Instead, clients withdrew more than $157 billion from its 2017 merger to the end of last year.June 30
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The funds had posted gains over the past decade, but have suffered losses amid this year's coronavirus-driven volatility.June 17
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Almost all of the decline reflects performance-related losses rather than client withdrawals, according to a person familiar with the matter.June 16
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The $4.9 billion fund has come under close scrutiny as crude’s rapid plunge forced it to quickly shift some of its giant positions on short notice.June 15
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"It's now June and if you’ve been on a deserted island for the last five months you couldn’t have fathomed the movements we’ve seen," an expert says.June 10
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Wild market swings have given many active managers a rare respite after a decade-long battle against the rise of passive investing.June 5
