DoubleLine Capital’s Jeffrey Gundlach more than doubled the holdings of junk-rated Puerto Rico debt in his Income Solutions Fund to $45 million.
Fund expenses are falling because more investors are choosing low-cost funds, not because the fund industry reducing costs on its end.
After years of low interest rates and rising stock markets, once-conservative income strategies might actually be putting investors in risky situations.
Nearly a fifth of the National Football League settlement approved this week compensating former players with head injuries could go to their health insurers instead.
Many news outlets are reporting today that Elon Musk, the billionaire founder of Tesla Motors Inc., was paid a minimum wage of $35,360 in 2014. The real number is closer to $100 million.
Gregory Maffei used to be the chief executive officer of one media company. Now he runs four -- and collects paychecks from all of them.
A Hong Kong-based managing director of Citadel has quit his employer of almost nine years to help run a family office for Alibaba Group Holding Ltd...
Hedge fund managers including billionaire John Paulson won’t immediately face new limits on their use of insurance in offshore tax havens.
Wealthfront, Betterment, Schwab and FutureAdvisor now offer "tax-loss harvesting" as an automatic feature on investment accounts.
Forty of China’s 100 top overseas corruption suspects have taken refuge in the U.S. and the largest share of the most-wanted list -- 15 percent -- hail from the financial industry.