Some active fund managers in the asset management business are able to outperform the markets, a report by TD Direct Investing shows.
Michelle McGrade, chief investment officer at TD Direct Investing, says fund managers can outperform the market very well.
A participant in Morgan Stanley's retirement-savings plan sued Friday, alleging its investment options are poor, including some funds the bank runs.
Adam French, founder of Scalable Capital, says the old ways of investing are based on assumptions that do not hold.
One of Wall Street's biggest businesses is under growing pressure from competitors old and new.
Legal & General Investment Management (LGIM) has announced that it has cut the value of its £2.3 billion U.K. property fund by a further 10 percent.
CNBC's Kate Kelly reports on how Brexit market turmoil is forcing some British asset managers to halt withdrawals from their real estate funds.
Goldman Sachs has told staff at its asset management division GSAM to tighten their belts amidst poor performance, the FT reports.
Britain's government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources told Reuters.
Francesco Filia, CEO & CIO of Fasanara Capital, discusses problems in the markets and says some asset classes cannot cope with current conditions.
Some 36 percent of Americans have no understanding of what a financial advisor does. Here's what several are doing to get the word out.
Richard Champion, deputy CIO (UK) for Canaccord Genuity Wealth Management, says the search for yield is going to be persistent for many years.
Richard Theo, CEO of Wealthify, discusses the role of robo-advisors in the asset management industry and if lower costs can bring in new investors.
Jamie Hammond, European CEO of AllianceBernstein, explains the appeal of multi-asset funds as a way of mitigating risk and discusses robo-advisers.
Christian Hyldahl, CEO of Nordea Asset Management, says competition from passive investment is an issue for active fund managers.
Martin Gilbert, CEO of Aberdeen Asset Management, says fund management costs needs to be looked at and stripped out in some cases.
Andersons on Wednesday rejected a $1 billion all-cash offer from HC2 Holdings, a company run by former hedge fund manager Philip Falcone.
Yahoo's management team and directors have given a warm welcome to Starboard Value Chief Executive Jeffrey Smith since he joined the company's board.
Switzerland opened a probe of RBS related to alleged corruption at Malaysian state investment fund 1MDB, sources said. The Financial Times reports.
The departure of Tepper to Florida has gotten so much attention that lawmakers are calling for changing the state's tax structure.