Court rules George Weiss personally liable for hedge fund’s collapse-era debts; bankruptcy backdrop reveals high spending and missteps.
Taking home first prize in an NCAA tournament pool often requires picking longshots and upsets. The same might be said for winning in the stock market.
The firm's flagship fund, which invests in stocks, bonds, currencies, and commodities, saw accelerated gains as some peers lost ground.
With bonds failing to provide a safety net for steeply falling stock prices, many investors are letting go of their "set it and forget it" approach.
Big tech firms like Alphabet and Amazon are trading at bargain valuations, but a risk-averse market has meant no one's biting.
Sam Reid from $26.7B AUM alts asset manager Canyon Partners shares insights.
"I've seen lots of denial in this business but this GPB thing take the cake," says one industry executive.
Higher interest rates and a strong US dollar, which traditionally act as headwinds, haven't deterred market-stung investors from seeking refuge in the yellow metal.
The fundworld's finest came together in style last night as LSEG Lipper named their top managers and fund families.
Interest has grown in the structured downside-protection strategies, though some advisors and analysts caution against trade-offs.
Firms that had only dipped a toe in have a chance to go deeper as vision to make the US "the crypto capital of the planet" takes shape.
Declining sales numbers, concerns around Elon Musk, and exposure to tariff risks are casting a shadow over the company's previously unshakable exceptionalism.
Data show the much-anticipated fund, launched in partnership with Apollo, has only seen two days of net inflows over two weeks.
Uncertainty from the president's head-spinning tariffs has traditionally optimistic stock-pickers taking a more bearish stance.
Report highlights trends for $11T exchange-traded funds industry in US.
After going through his own estate planning reality check, Thomas Ruggie has become a sought-after speaker and authority to help secure high-net-worth investors' prized possessions.
Gold has been the currency of choice for centuries. But some advisors see big opportunities with bitcoin – a relative newcomer – and have been diversifying portfolios with it.
Western Asset Management Company has seen at least $120 billion leave since the SEC announced its investigation into Ken Leech. The instance highlights key-person risk that the asset management world has been trying to get away from.
The world's largest active asset manager is jumping in as the rise of active exchange-traded funds drives a broader transformation of the model portfolio landscape.
The firm's latest barometer report shows just two-fifths of stock-picking funds outperforming their index-based rivals in 2024, with even worse results over the past decade.
