Morgan Stanley has been spending to support its network of 15,000 financial advisers, which produce the highest return on equity of any division at the bank. AP Photo
Morgan Stanley has been spending to support its network of 15,000 financial advisers, which produce the highest return on equity of any division at the bank. AP Photo

Banking

Morgan Stanley agrees to sell feeder fund to alternative investor

ICapital will assume oversight of 115 of the bank's funds

Bloomberg

March 15, 2019