Law and regulation

Marco Barrozo has raised more than $125 million for the fixed-income offering, which has begun trading and is raising more capital.

At the heart of the issue is a phenomenon where a once-reliable strategy is destroyed when enough traders discover its potency.

The firm boasts a unique strategy amid an ongoing exodus from junk bonds, which saw $5.68 billion in fund assets desert the securities last week.

As executives accept Trump's fiduciary rule delay, many have shifted their focus to compliance with the SEC's new reporting modernization regulation.

With the cheapest stocks in major Asian markets, traders whipping around prices, and fewer institutional investors; the golden era is back, a manager says.

He held on, even as redemptions at the Pershing Square Capital Management fund mounted into the hundreds of millions.

The five-time San Antonio Spurs champion is willing to testify against his former longtime planner, according to the team's lawyer.

The real estate developer's family philanthropy is scoring the same kind of robust returns his hedge fund once did.

The trouble for Pimco is that asset gathering matters more in ETFs than performance. And investors continue to go the cheaper route.

Even in the present deregulatory climate, the Treasury Department is pressing ahead with a rule to require advisors to screen for and report suspicious activity.