Morgan Stanley scored record levels of income and net revenues during the second quarter.
Federal court trials have started for Gregory L. Reyes, former chief executive of Brocade Communications.
The cost of owning mutual fund shares fell to the lowest levels in more than a quarter century last year.
Pyramis Global Advisors, a Fidelity Investments Co. subsidiary, has appointed Daniel E. Crowe as a portfolio manager of mid-cap growth equities for institutional clients.
Hedge fund net inflows picked up $20.7 billion during the first quarter, bringing 12-month inflows to $99.3 billion.
Bear Stearns’ investment bank may lend $1.5 billion to save one of the company's struggling hedge funds, according to a Wall Street Journal report.
Bear Stearns Broker-Dealer & Investment Advisor Services has expanded its mutual fund platform.
Compensating brokers for servicing mutual fund shareholders was anticipated by the SEC when it first adopted12(b)-1 fees in 1980.
Direct investments by endowments, foundations and corporate pension funds represent a quarter of the assets of the world's largest hedge funds.
Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.
