The space is dominated by only a few hedge funds, and that could be risky.
However, Morgan Stanley has been losing clients in city amid Federal Reserve review of its measures to prevent potential money laundering.
Tennessee lawsuit claims 'a pattern of deception' which the firm rejects.
People have been looking for reasons to avoid deals, says Wall Street leader.
Calpers among plans with around $100B invested in the growing sector.
With the clock ticking on the CEO's extended tenure, who might be his successor?
The 20+ year fund has surged 21% from a 16-year low.
Analysts now think the greenback will be weaker as Fed eases rates.
The firm has announced its plan to end its bankruptcy.
Instead the top advisor admitted he failed in his role as an attorney.
