Goldman Sachs Group misled clients and Congress about the firm's bets on securities tied to the housing market, U.S. Senate Carl Levin says.
China's growing ranks of millionaires are set to buoy sales at Sotheby's spring auction in Hong Kong as collectors seek fine porcelain, wine and paintings.
TIAA-CREF, the largest U.S. manager of pensions for teachers and academic researchers, will provide $1 billion in capital to a new unit that will oversee investments for endowments.
Gold may rally to a record as investors from China, Japan and the Middle East buy the metal on expectations of "hyper inflation" created by central banks, according to Phoenix Gold Fund Ltd.
Collector's at a $1.4 billion art fair in Maastricht held back from buying because of the ongoing political unrest and natural disasters, dealers said.
UBS AG, sued for $2.6 billion by the trustee liquidating Bernard L. Madoff's defunct firm, said publicly identifying employees who aren't central to the lawsuits might put them in danger.
The high-stakes insider trading trial of hedge-fund billionaire Raj Rajaratnam began with all the anticipated drama-and an overflow crowd of onlookers.
Members of the Institute for Private Investors will have the research and networking services of Campden Media available to them now that the two groups have merged.
Wealthy individuals are increasing their investments in commercial properties, whose low values are being viewed as attractive yield opportunities.
Fortress Investment Group LLC, the buyout and hedge-fund firm run by Daniel Mudd, started an Asia-focused macro hedge fund that it aims to grow to $500 million, sources said.
Carl Icahn, saying he no longer wants responsibility for other people's investments, will return the money managed for outside investors in his hedge funds.
Impact investors scale to solve the world's social and environmental problems.
A Bay Area hedge fund manager has been charged with using $12 million in client funds for personal uses, including an investment in a record company.
Impact investing needs indexes, benchmarks and uniform reporting in order for investors to assess how their social and environmental efforts are affecting investment performance...
Wealthy investors are buying shares of the biggest U.S. companies again as the market returns to levels not reached since 2008 and the municipal bond market has become more volatile.
These clients may come back into the equity markets in a big way this year, says a new survey.
A rediscovered Andy Warhol self portrait that hadn't been seen in public for more than 30 years last night helped a London sale raise the highest total in the U.K. capital since June 2008.
Diamondback Capital Management LLC, among the hedge funds the FBI raided in November, said it received withdrawal requests of about $534 million for the end of March.
Showing your value to the wealthiest people in the world may mean showing your values. And one way to do that is through impact investing.
Jerry Reinsdorf's Michigan Avenue Real Estate Group continues to find worthy investments in "busted" residential bank portfolios.