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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.

Top 10 Fund Managers To Watch

Active managers face headwinds despite an overall positive outlook for the U.S. economy that’s taken hold since the election of President Trump.

Bill Gross and Pimco Said to Settle Dispute

The famed manager claimed he was ousted by a "cabal" of executives who wanted a larger share of his bonus.

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

Asking clinical expertise before investing in complex products is a must for Henrik Rhenman, who manages the $500 million fund.

One Part of the Funds Market Where Cash Rushes to Human Managers

These products haven’t suffered the same fate as other active portfolios because they offer something that isn’t easy to automate.

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