Ivy Asset Management, a unit of Bank of New York Mellon, is facing a lawsuit by New York Attorney General Andrew Cuomo related to the Bernard L. Madoff Ponzi scheme. The suit alleges that e-mails and ...

NEW YORK--(BUSINESS WIRE)--Zamansky LLC announces that it is investigating the Ivy Asset Strategy Fund and the Waddell and Reed Asset Strategy Fund for potential breaches of fiduciary duties to ...

NEW YORK -- In the late 1990s, executives at the financial advisory firm Ivy Asset Management decided something about Bernard Madoff didn't add up, and began urging clients to back away from the man ...

The New York Attorney General said on Tuesday that it reached a $210 million settlement with Ivy Asset Management, which is accused of steering clients to invest with Ponzi schemer Bernard Madoff. The ...

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ivy Funds, among the first to offer a flexible portfolio fund 15 years ago, today announced a complement to its original Asset Strategy Fund with a new ...

April 1 (Reuters) - Ivy Asset Management is under investigation by the New York Attorney General's office for its role in advising clients to invest with fraudster Bernard Madoff, the Wall Street ...

Ivy Asset Management, the embattled hedge fund of funds, is shedding one of its most prized employee assets — Patrick Thomson — as it prepares to close down. Thomson, its former global head of client ...

Ivy Asset Management today issued the following statement in response to a civil complaint filed by the New York Attorney General. The complaint relates to non-discretionary advisory services that Ivy ...