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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.

Investors Pull $95M from Alternatives in Quarter

The outflows are another indication of the hedge fund industry's declining popularity after years of under-performance.

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.

Hedge Fund Run by Former 'Big Wolf' Trader Delivers 46% Return

Now, the managers of the Titan Opportunities Fund want to step up their bets by raising as much as $175 million.

Mexico Ranked the Most Alluring Emerging Market, India Worst

The peso's real-effective exchange rate reached a 21-year low following President Donald Trump's election, boosting the earnings outlook for exporters.