World stocks fall as new Greece worries weigh
The Thai Capital Fund “Meet the Manager Session” Postponed
Emerging Markets Won’t Re-Emerge for a While
.A. money manager TCW Group Inc.’s ouster of its star bond fund manager in December cost the firm more than one-fifth of its assets, the company disclosed Wednesday. Institutional and individual investors pulled a total of about $25 billion from TCW after the company terminated Jeffrey Gundlach as chief investment officer on Dec. 4, according to TCW data. The company managed $115 billion as of Jan. 31, up from $110 billion on Dec. 4. But about $31 billion of the $115 billion was b
Some heavyweight hedge funds have launched large bearish bets against the euro in moves that are reminiscent of the trading action at the height of the U.S. financial crisis.
NEW YORK—Several options traders braced for higher levels of volatility in the market, as stocks slipped lower and gave up a chunk of Wednesday’s gains.