July 27- McGraw Hill Financial Inc, the parent of the Standard& Poor's ratings agency, said it would buy SNL Financial LC, a financial data and information company owned by private equity firm New Mountain Capital LLC, for about $2.23 billion. The cash deal is expected to add to adjusted diluted earnings per share in 2016, excluding amortization, McGraw Hill said.» Read More
Betterment Institutional hopes their cheap and automated personal investing platform will also catch on with financial advisors.
So far, so good for the stock pickers Warren Buffett plucked from relative obscurity to manage billions of his dollars.
A hedge fund manager turned politician has suspended his campaign because of old sexual harassment allegations.
Employees of Steve Cohen's new family office who do the right thing get up to a 4 percent bonus.
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
Private equity returns continue to outpace stocks over the long term, according to a new report from an industry association.
The SEC has to figure out what to do with the money it got from SAC's record insider trading fines.
One of the world's largest private equity firms is dropping a controversial type of fee it charges clients.
Macro hedge fund bets finally paid off in September, helping reverse an otherwise miserable year.
Ken Griffin may be making news for a nasty divorce, but his hedge fund firm has quietly been sucking up assets.
Could Globalstar be the next Herbalife-like hedge fund battleground stock?
The big money isn't rushing to buy insurance against a crash, despite a range of products that promise to help.
A small hedge fund is hoping to make a big splash with an Ackman-style presentation on the "biggest stock promotion ... since Sino-Forest"
Billionaires Buffett, Bezos and Henry are hoping to save the newspaper industry through a mix of civic pride and digital innovation.
The former Pershing Square analyst who told his roommate about Bill Ackman's big Herbalife short early is not who you think.
Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.
A strategy employed by large banks to help hedge funds cut taxes has drawn criticism from U.S. authorities, the Wall Street Journal reported.
A new investigation of industry assets by Absolute Return reveals that, once again, the largest funds are controlling more assets than ever.
A recent move by CalPERS was seen as a victory for critics of hedge funds' high fees and low transparency and liquidity.
Big investors still think China is one of the best emerging markets to bet on.