The son of Thomas Gilbert Sr. is accused of killing the 70-year-old New York hedge fund manager in a dispute over his allowance, police said.
The manager is closing the Tudor Futures Fund, the first hedge fund he ever opened, in order to focus on his far-larger flagship fund.
Computer algorithm-led hedge funds produced stellar returns last year, beating most gut-driven human money managers.
If the weak euro, strong dollar and cheap oil persist, these commodities and stocks will predictably take a hit.
Wall Street's less senior employees may be getting the upper hand as more major banks try to get them to stay.
Volatility and the stock market have made for an uneasy couple, but lately they've managed to enter into a marriage of convenience.
Now that he's changed his tune, the Gluskin Sheff senior economist and strategist finds himself a self-proclaimed "pariah."
The run-up in utilities is down to investors' search for solid EPS growth and consistent, low-risk yields.
Critics love to hate hedge fund fees and performance, but the industry is poised to grow even more in 2015.
Investors hungry for yield have latched on to "the Dogs of the Dow" strategy, which pays off more often than not.
New Year's Eve is one of the biggest nights of the year for champagne sales. New Year's Day is one of the biggest days of the year for hangover cures.
It's probably fair to say that predictions about where oil is going fall somewhere between educated guesses and picking a number out of a hat.
Peek into the future of bank branches and you won't see many bankers.
An ETF that tracks regional banks is outperforming the S&P 500 in December, and commodity stocks have rebounded in the last week.
In a hilarious "Breaking Bad" spoof, the original cast of "Dr. Quinn, Medicine Woman" reunites for "Dr. Quinn, Morphine Woman."
Whether at the institutional or the mom-and-pop level, investors are pouring more money than ever before into U.S.-based equity funds.
U.S. stocks are on track for eight quarters of consecutive gains—the longest winning streak in 16 years.
Corporate profits look set to expand in 2015, but changes in central bank policy or a ramp-up in inflation could be headwinds.
As 2014 wound down, the banking industry received a couple of gifts from regulators.
As traditional banks face tighter restrictions and the demand for credit grows, a clear winner is beginning to emerge.