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Topic

BNY Mellon’s Ivy itching to have Madoff suit dismissed

Bank of New York Mellon's Ivy Asset Management LLC and two of its executives denied they misled clients about investments tied to convicted Ponzi scheme operator Bernard Madoff and asked a judge to dismiss the claims made by New York Attorney General Andrew Cuomo.

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Eaton Vance closes popular macro fund

Assets in Global Macro Absolute Return Fund grew by more than 600% this year

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Pimco, TCW vector into unexpected sector

Pacific Investment Management Co. LLC and TCW Group Inc. are investing in bonds guaranteed by aircraft as U.S. airlines hold back from adding seats to protect profitability, preserving the value of their planes.

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Pimco to sell black-swan protection

Almost two years after Lehman Brothers Holdings Inc.'s failure caused world markets to seize up, Pacific Investment Management Co. is planning a fund that will offer protection to investors against market declines of more than 15 percent.

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Investors yank $7B from stock funds

So where's the money going? U.S. and emerging market bond funds

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X Games: Titan’s Abrams ups bets on extreme market move

Famed hedge fund manager sees plenty of danger ahead; stocks, bonds 'highly correlated'

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Bond king Bill Gross suddenly talking up stocks

Pimco's Bill Gross, who's been touting the virtues of fixed-income investments for nearly forty years, is now talking up stocks. Why is that?

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B-D pays $20M to settle SEC charges — but where’s the firm’s chairman?

FTC Capital Markets agrees to consent order in case involving Citgo; boss said to be at large

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Gross bets against deflation — and what a bet it is

Pimco places an $8.1B options wager that the U.S. won't experience a long period of falling prices. Says one exec at the fund firm: A decade of deflation is 'remote.'

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BNY Mellon unit ‘sold clients down the river’: Cuomo

The N.Y. attorney general sues Ivy Asset Management, claiming the firm misled customers about investments tied to Bernard Madoff