Investment Instruments

Investors pulled out more money than they put into U.S. equity mutual funds for the second month in a row in June, reclaiming $8.3 billion the most for that category in 18 months.

KKR & Co., the private-equity firm led by George Roberts and Henry Kravis, agreed to buy a stake in hedge fund BlackGold Capital Management LP as it continues to grow beyond buyouts, said a person with knowledge of the deal.

Pension fund assets represent one-third (33 percent) of the worlds largest alternative portfolios.

Some in the military appear to be financially defenseless when it comes to anything from finding a loan to coping with a financial emergency.

Where can all of these people be found? Where do they live and work? A report from Capgemini and RBC Wealth Management tracks the world's high-net-worth individuals.

The California Democrat has co-authored legislation that would authorize the SEC to collect user fees from advisors to improve examination frequency.