(Bloomberg) -- Gregory Nassour helps run almost $100 billion in U.S. bond mutual fund money -- more than star managers such as Dan Fuss of Loomis Sayles, DoubleLine Capital’s Jeffrey Gundlach or Daniel Ivascyn at Pimco...

Some go up, some go down. Asset-weighted average fees across all U.S. mutual funds and ETFs fell from 0.64 percent in 2014 to 0.61 percent in 2015, according to a new report from Morningstar. But the research firm suggests the decline is ...

It’s looking increasingly likely that recently deceased music icon Prince died without a will or other testamentary documents in place...

(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...

You don't want him poking around your business. Ever since Bernie Madoff fleeced unsuspecting investors in the worst Ponzi scheme in history in 2008, Kenneth Springer's business has been booming, Crain's New York reports. As head of Corpor...

(Bloomberg) -- U.S. Senator Elizabeth Warren is taking the Securities and Exchange Commission to task for allowing Steven Cohen back in the hedge fund game just months after the billionaire settled allegations that he failed to supervise a...

Peter Deutsch hit it big bringing affordable Australian wine to the U.S. Then he poured a fortune into a troubled Chinese stock. And when his brokerage stood in his way, he fought back.

But the perks are good. | Copyright Justin Sullivan, Getty Images You need a net worth of $6.3 million to feel “wealthy” in the San Francisco Bay Area, according to the people who live there. In order to feel just “financially comfortable...

(Bloomberg) -- Billionaire Steven Cohen has a way to raise money from outside investors prior to 2018, the year he can resume running hedge funds under a January settlement with the U.S. Securities and Exchange Commission...