Breaking News: Investing

State Street is cutting fees on 10 funds worth more than $70 billion combined

Asset management giant State Street is reducing the fees investors pay for a group of core ETFs, the company announced…

Francisco Partners & TPG to take New Relic private in $6 billion all-cash deal

A consortium led by Francisco Partners and private equity group TPG will take software provider New Relic private in an…

Why substituting cryptocurrency for gold exposure may be a costly mistake

Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…

Private equity giant KKR’s antidote to worker discontent — employee stock ownership programs

(Click here to subscribe to the Delivering Alpha newsletter.) The job market may be strong, but the invisible strings that connect workers…

KKR’s private equity co-head says it’s a great time to do deals, but be sure to exercise caution

Private equity firms should be motivated to hunt for deals despite the challenging interest rate environment as the potential purchase…

Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets

U.S. regulators on Thursday unveiled a sweeping set of proposed changes to banks’ capital requirements to address evolving international standards…

China VC slump is set to drag Asia-Pacific fundraising down to a decade low

BEIJING — China-focused venture capital and other private investment funds have had a slow start to the year and are…

CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’

It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…

JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges

JPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced former financier Jeffrey Epstein…