Being a hedge fund manager used to be the kind of job you did after a stressful life in banking. Now, not only are there fewer such roles, but they're as taxing as ever. Indeed, the entire money-management world is being turned on...
(Bloomberg) -- Investors in U.S mutual funds and exchange-traded funds are paying lower fees than ever before to have their money managed as they shift cash into cheaper products that track indexes, especially those sold by Vanguard Group Inc...
(Bloomberg) -- The bids spiraled higher and higher until -- bang! -- the hammer fell: sold, for $62.75 million...
(Bloomberg) -- A federal appeals court upheld the 20-year prison term for former WG Trading Co. money manager Stephen Walsh, who pleaded guilty to securities fraud and received the maximum sentence for swindling investors out of $554 million...
(Bloomberg) -- Last year, an economist and two journalists wrote a book on a nerdy and incredibly complicated topic: Social Security claiming strategies...
(Bloomberg) -- Trying to time the market is a dumb idea...
(Bloomberg) -- Investors in exchange-traded funds tracking gold mining companies just can’t seem to get it right...
(Bloomberg) -- Am I significant risk-taker...
(Bloomberg) -- Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street...