Take it easy: central bank U-turns loosen financial conditions

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year, a closely watched index suggests.

BNY Mellon vows to stem billions in outflows from index products

BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.

Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019

Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has been an extraordinarily challenging environment to be a short seller."

Another $860 million recovered for Madoff customers in Kingate settlement: trustee

The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday said another $860 million may soon be returned to the swindler's customers, under a settlement with offshore funds that funneled money to Madoff for 14 years.

CQS looking to grow U.S. presence under new CEO Rolet

CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the chief executive officer role from its founder in January, said.

Out of the shadows: Australia's finance regulator told to be more 'forceful'

Australia's prudential regulator should become less "discreet"

Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll

Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve's dovish pivot and after Beijing and Washington agreed a temporary truce to their protracted trade spat, a key investor survey showed on Tuesday.

Burgeoning family offices manage $5.9 trillion: Campden

The number of family offices -- companies that manage portfolios for individual families -- has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms overseeing assets valued at $5.9 trillion.

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