For one of the world’s largest bond managers, the rally that swept through emerging markets last year was a prelude to a longer-lasting trend. “This is a playbook that will last for many years,” Pramol Dhawan, head of emerging markets portfolio management at Pacific...

Investors are ramping up bets on China’s stocks and currency as 2026 kicks off, signaling a more decisive shift into the country’s assets at a time of rising global uncertainties. Global investment firms from Goldman Sachs Group Inc. to Bernstein Societe Generale...

Wellington Management Co., the mutual fund giant best known for stock- and bond-picking, hired Hamilton Lane Inc.’s Alex Behm to lead its foray into the hot market of buying and selling private equity stakes. Behm, who previously worked as a deal lead at Hamilton...

Artificial intelligence infrastructure has been a solid stock market bet over the past year, with many of 2025’s best performers in the S&P 500 Index falling into the category. But the trade is getting volatile as some of the perceived winners start taking hits....

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the US Justice Department’s attacks on the Federal Reserve have the potential to undermine the independence of the central bank and possibly boost borrowing costs. “Everyone we know believes in Fed...

Bank of New York Mellon Corp.’s top executive called the US Justice Department’s attacks on the Federal Reserve “counter-productive” to the Trump administration’s goals of boosting the US economy and prioritizing affordability. The US central bank’s independence has...