12/04/2014
British insurer Legal & General has launched a U.S. index fund management business, the U.S. unit said, as it looks to capture some of the growing U.S. passive fund market.
12/03/2014
Fortress Investment Group LLC, the first publicly traded hedge fund and private equity manager in the U.S., is forming a global equity group that can bet on rising and falling stocks
12/03/2014
The chairman of San Francisco’s pension fund is proposing a smaller mix of hedge funds than previously discussed, the latest retirement system to rethink its approach to those investments in the wake of a retreat by the largest public pension in the
12/03/2014
Investors pulled $9.5 billion from Pacific Investment Management Co’s flagship Total Return fund in November, a sharp drop from the previous two record-setting months of outflows, according to the company.
12/01/2014
Institutional investors may soon be stepping up investment via active exchange-traded funds after consultant Towers Watson, one of the Big Three consultants that advises clients worth $2 trillion, gave them a qualified thumbs-up.