BlackRock Inc., the world's largest asset manager, said insurers may buy leveraged loans as they seek to boost portfolio returns, replacing investors that retreated from the market.
Asia's wealthiest investors, whose ranks are swelling as the region's economic growth outperforms the rest of the world, are turning to family offices to maintain control of their money.
Hong Kong has the world's most expensive average home prices for billionaires, with per square foot value of those properties almost double that of London, according to a new survey.
Lloyd's of London, concerned European governments may be unable to support lenders, has pulled deposits in some peripheral economies.
Scott Bessent, who managed George Soros's European investments for eight years, is returning to Soros Fund Management LLC as chief investment officer.
The IRS announced that 12,000 taxpayers declared offshore bank accounts in the second round of a voluntary disclosure program that the agency says has yielded $2.7 billion.
Hedge funds created to protect investors against market shocks in the wake of the biggest recession in seven decades are soaring as Europe's intensifying debt crisis infects markets globally.
The number of single family offices hiring outside chief investment officers has doubled since 2005, with half now outsourcing the work, says a survey by the Institute for Private Investors.
Online sales of luxury goods may climb 20 percent a year by 2015 as producers build networks of potential customers on social media websites, according to a new study.
The growing ranks of Asia-Pacific millionaires has fueled demand for relationship managers and caused the salaries of private bankers in the region to skyrocket.
Bridgewater Associates LP founder Ray Dalio's macro hedge-fund firm has returned 25% by tacking against market "manias."
John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, lost 34 percent this year in his largest hedge fund, according to two people familiar with the firm.
Wealthy investors are sticking with hedge funds for protection from the market turmoil that hammered stocks this summer.
Evercore Wealth Management LLC has opened a regional office in Minneapolis to serve high-net-worth investors in the Midwest.
Patricia Bosworth's no-holds-barred biography sums up the mercurial movie star, sex symbol, social activist, exercise guru and trophy wife.
Most retail financial advisors are diversifying their clients' portfolios with alternative investments and want to use them increasingly over the next year, says a new study.
The family office market is much bigger than most realize and presents new business opportunities for asset managers. But how should this business be handled in practice?
China's millionaires will account for about half of Asia's rich and hold more than half of the region's wealth by 2015, according to a study by Julius Baer Group.
Real estate auctions, long used in the sale of foreclosed properties, are becoming more popular among wealthy homeowners to drum up interest for mansions that have languished on the market.
The Rockefellers and the Astors knew how to pick real estate. The worth of the properties they once owned on Mount Desert Island in Maine has soared during the national real estate bust.