Law and regulation

Focusing on profitability and management of expenses helps alternative asset managers proactively manage and support their infrastructure more effectively.

The S&P 500 Index's 2.5% selloff left 52% of its members at a 20-day low.

Even in the meltdown, investors continued to show aversion to the defensive industries that led the market in the first half, with utilities, phone companies and REITs bearing the worst of the losses.

Regulators should step up their inspections of digital advisers as these tools surge in popularity, the firm said.

A settlement with Bank of America covers 270 employees who were terminated following the wealth management firm's 2008 acquisition.

Banks and investment funds are hiring quants — people with training in physics or higher mathematics — as market intervention by central banks make it difficult to post robust profits.

The regional brokerage is the latest to incur a penalty for failing to waive fees on Class A shares sold to eligible institutional clients.

The funds will track indexes that draw on the expertise of the firm's quantitative-research team.

Decision expected in appeal of case brought by advisers the board says called themselves fee-only inappropriately.

Leveraged strategies may include selling volatility or dabbling in derivatives tied to interest rates or corporate credit.