UBS shut down a feeder fund that provided wealthy clients access to billionaire investor John Paulson's Advantage fund due to the high cost of operating that portfolio, two sources said last week.
Leeds manager Uwe Rosler is looking to emulate Bournemouth's success
Chief financial Officer of German insurer Allianz said bond fund manager Pimco, which has seen record outflows since star manager Bill Gross departed last year, is still "the strong bond house it used to be", even as outflows continued at a rate of $32 billion in the second quarter of this year.
The Austrian believes his former Bundesliga opponent will eventually cut it at Old Trafford.
The new summer signing has stated that he is ready to score lots of goals and the level of expectation will not faze him.
The US economy added 215,000 jobs in July, while the unemployment rate remained steady at 5.3%, meeting expectations.
Europe M&A activity totals $615.4 billion, up 11% compared to YTD 2014 levels
Tim Cook’s security expenses cost Apple almost $700,000 (£450,000) a year, according to new figures filed with America’s securities and exchange commission.
Turney Duff takes a look at the top 10 lies told on Wall Street.
Motorola just made a somewhat embarrassing mistake.
Formula One reaches the midway point of the season at the Hungarian Grand Prix on Sunday: but the real action will not be on the track but off it as the race for ownership of the sport revs up.
Roma winger Iago Falque explains he never felt confident in a Tottenham Hotspur shirt, which subsequently affected his performances.