Morgan Stanley's chief cross-asset strategist, Andrew Sheets, is warning asset managers that the "efficient frontier" is about to end. Investors should prepare for an era of below-average returns, Sheets said. Read the original story from Bloomberg.
Industry watches as 'messy' Wildermuth Fund case unfolds
Fund industry litigators and others are watching an expansive class-action lawsuit filed recently against an interval fund that has been scheduled for liquidation since mid-2023, certain ...