Mutual funds

By buying EverBank Financial, the insurance and retirement savings behemoth will gain billions of dollars in low-cost deposits and access to many new lending products that it can offer to millions of clients.

The stock picker, known for beating the S&P 500 for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM.

The stock picker, known for beating the S&P 500 Index for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM, an investment adviser that he and the company jointly own.

The increased demand flies in the face of warnings from investors such as Bill Gross and Jeffrey Gundlach that the bond market is in a bubble

Pimco's struggles to contain outflows since the departure of money manager Bill Gross in 2014 are coming to an end.

Recent research shows how advisers work and how they like to communicate.

Michael Sonnenfeldt doesn't mince words: "There is no safety in safety," the founder of Tiger 21, a network of "ultra-high-net-worth" investors, said.

The legendary money manager is losing his No. 2, Kumar Palghat, who will become co-manager of a new Janus Short Duration Income ETF.

Dividend Growth attracted $3 billion over the past six months and its assets have almost doubled over the past three years.

In its asset management business, State Street had net outflows of $35 billion in the quarter.

The turn to an outsider marks the latest twist in a struggle to regain footing after a steep decline.

Why timing is so important for college graduates when making contributions to the 401(k) plans where they work.

Johnson has overseen the $849 million Pimco EqS Long/Short Fund, which takes positions in stocks he selected, since its 2003 inception at his previous firm.

Guggenheim Chief Investment Officer Scott Minerd says U.S. stocks may rally as much as 15% in the rest of the year.

Morgan Stanley and Northern Trust are among those who said this week that yields could set fresh lows in the months ahead

Man Group, the world's biggest publicly traded hedge fund manager, is looking blue after the departure of CEO Emmanuel "Manny" Roman to Pimco.

In his new position, Roman will replace Douglas Hodge, who presided over a tumultuous time that included the departure of Bill Gross and a plunge in assets at the firm.

The asset manager co-founded by Bill Gross has suffered internal turmoil since his departure in 2014.

A class action suit against Fujitsu Technology and Business of America and similar cases alleging fiduciary breaches may signal an oncoming wave of litigation targeting small retirement plans.

As the industry endures market volatility and the onslaught of federal regulations, the search for cost reductions has become vital.