SAC Capital Advisors LP, Steven Cohens hedge-fund firm that last year agreed to pay a record fine to settle U.S. insider-trading charges, said it will rename itself Point72 Asset Management.
From BlackRock launching a new iShares ETF to net inflows of $27.94 billion for long-term funds, here's top news impacting mutual fund and ETF managers and providers.
Only a few years ago, the top three fund families in the U.S. were nearly identical in size. Not any more.
Henderson Group Plc, a U.K. money manager, posted 2.7 billion pounds ($4.5 billion) of net inflows in the fourth quarter as individual clients funds pushed the firm to a positive flow for the year.
The location of the National Credit Union Administration suits its place in the hierarchy of U.S. financial regulators.
Hedge fund managers now no longer have to hide behind their websites because they are free to advertise openly to investors who meet their investment requirements courtesy of President Obama's JOBS Act.
Stadion Money Management has found itself a new distribution partner.
As investing in alternatives such as real estate, private equity funds, hedge fund strategies and commodities grow in popularity, the way these are being used by institutions and investment advisors is changing.
Investors act emotionally, not logically, toward the securities they buy or sell.