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Latest News

BlackRock Said to Cut Jobs, Fees in Revamp of Active-Equity Unit

– CEO Laurence D. Fink’s restructuring efforts will move $6 billion run by traditional stock pickers into cheaper funds where quants play a role.

Investors Pull $95M from Alternatives in Quarter

Top 10 Fund Managers To Watch

Bill Gross and Pimco Said to Settle Dispute

Hedge Fund Sees 21% Returns on Advice From Nobel Prize Pickers



Blackstone to Shut Mutual Fund After Fidelity Pulls Out

Blackstone will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity.

Pondering Active's Fate In a Fiduciary Rule Era

A key challenge posed by the pending fiduciary rule: are firms going to be active managers or are they going to be financial advisors?

Women In Need of Better Retirement Products

Many investment products are still designed with men's needs in mind, despite studies that show women are more active in saving for retirement.