Wall Street strategists have crunched a lot of numbers recently in an effort to answer a simple question: Why have active fund managers done such a lousy job picking stocks this year?
Largest U.S. exchange-traded fund that tracks mainland Chinese stocks sank more than 7% after policy makers tightened curbs on the local debt market, fueling a rout across asset classes.
European shares gain from cash moving off the sidelines, central bank stimulus.
More 'alternative' funds with hedging strategies are opening, aiming for smaller investors' dollars
The agency's goal is to ensure funds are liquid enough to meet client redemptions.
Anticipating the highest sales in 3 years, retailers are offering everything from free Ubers to Frozen ice palaces to get shoppers in the door.
'Alternative' funds come with the same disadvantages hedge funds have: high fees, inconsistent performance and strategies that take a PhD to decipher.
The cost of liquidating the con man's defunct investment advisory firm has topped $1 billion but his former clients aren't footing the bill.
Outgoing Senate Finance Committee chair urges IRS, Treasury to step up.
Andrew Madoff, the son of the convicted Ponzi schemer, lists $11M in personal property and $4.5M in improved real property.
