The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors' Structured Alpha Funds, following litigation pending…
Low interest rates are bolstering money managers like Schroders (SDR.L), its chief executive said on Thursday as the British firm…
UBS (UBSG.S) on Tuesday posted a 63% jump in second-quarter net profit, easily beating expectations as buoyant markets continued to…
BlackRock Inc (BLK.N), the world's largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money…
Wealth manager Americana Partners has made a $25 a share bid for Westwood Holdings Group (WHG.N), offering a nearly 28%…
The biggest rise in U.S. consumer prices in 13 years has intensified investor focus on messaging from the Federal Reserve,…
The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke…
The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc (TSLA.O), with investors cheering…