MILWAUKEE _ Artisan Partners Asset Management Inc. on Tuesday reported fourth-quarter profit of $20.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Artisan Partners shares have decreased 24 percent since the beginning of the year.» Read More
The manager of Canada's public pension fund said net assets fell to C $268.6 billion on June 30 from C $264.6 billion on March 31. Net contributions boosted the fund by C $4.2 billion during the first quarter ended on June 30, while the net investment loss was C $200 million. "The CPP Fund held steady through the first quarter of fiscal 2016 despite broad declines in...
Renowned oil trader Andy Hall suffered his second-biggest monthly loss in July in a "brutal month" that left his hedge fund about $500 million poorer.
John Dowdall, managing director at Silverfinch, says new regulations are starting to impact the asset management industry.
HSBC, one of the largest hedge fund investors in the world, has changed the leadership of a key private banking unit.
Foreign investors can own no more than 10 percent of Saudi Arabia's stock market by value, the regulator said on Monday.
Bank stocks will move as interest rates rise, but how so is a complex question. Here are 9 keys to bank-stock profits as the Fed acts.
Blackstone reported a 6 percent decline in fourth-quarter profit on Thursday as its real estate funds appreciated less than they did a year ago.
At Davos, Hendrik du Toit, CEO of Investec Asset Management Ltd discusses Saudi Arabia and his own predictions when it comes to oil prices.
Denver asset manager Janus Capital Group said fourth-quarter profit rose 22 percent after hiring of star bond fund manager Bill Gross.
BlackRock, the world's largest money manager, reported a higher-than-expected fourth-quarter profit as assets under management increased.
Executives at Vanguard Group warned that deflation is a real risk for the global economy while downplaying inflation concerns for the United States.
More than 60 percent of the money raised by Bill Gross for Janus Capital came from a Morgan Stanley wealth management office.
A 70- year-old hedge fund founder has been shot dead in his New York apartment.
A sharp fall in any asset price, particularly oil will have a major "knock-on effect" with other asset prices says Paul Sedgwick, head of investments at Frank Investments.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.
When the landmark Hong Kong-Shanghai equity link debuts on Monday, hedge funds are expected to plunge into mainland shares.
Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.
Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.
"Managing money is in my blood," Bill Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.