Investments

Using machine-learning algorithms, the firm's $106 billion systematic active equity group researches social media pages and online job postings to build portfolios.

The $217 billion alternative asset manager reported its biggest loss as a public company in the first quarter.

Northwestern Mutual’s practices raise difficult questions about the nature of retail advice just as wealth management faces greater scrutiny under new rules.

Investors may be put off by the costs associated with these funds, which had an average expense ratio of more than triple their peers.

With Treasury yields now hovering around zero, and likely to stay there for years, expected gains from the traditional asset mix are in doubt.

Almost 90% of smaller fund managers would no longer have to report their investments and their firms would save $136 million a year, the agency estimates.

Funds that follow a similar approach lost 5.1% over the period, according to Hedge Fund Research.

Mass exodus from the market has forced managers to dump securities to raise cash, sending prices tumbling the most in at least four decades.

Affluent investors are concerned about transparency, performance and value, according to a new report by Capgemini.

The firm announced plans in March to acquire $200 million of its stock and has been in the market on average once every three trading days since.

The leaders raked in a combined $949 billion over the past decade.

A “distribution bump” from the commission-free trading trend that took hold late last year may be behind the surge, analysts say.

Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.

Some of the industry’s biggest players are taking a wait-and-see approach as active, non-transparent funds take their crucial first steps.

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.

The central bank is now the third largest holder of the $54 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).

The bank says an announcement on how far the current 51-cent payout would drop is expected in mid-July.

The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.

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.