A handful of giant firms are gaining dominance over the hottest corners of the hedge fund industry. This year showed why.
Recent US inflation data has been a win for team transitory—the economists who predicted that inflation would come down without interest rate hikes.
Putin’s invasion of Ukraine sent Russian equities tumbling in Feb. 10 months later recovery looks far off after sanctions triggered investor exodus.
Initial public offerings are heading for their longest drought since the global financial crisis — and bankers don’t expect a revival anytime soon.