Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock to Eliminate About 300 Jobs in Second Cut This Year
By Silla Brush and Sridhar NatarajanThe cuts represent about 1% of BlackRock's workforce.
May 30, 2025
Merrill Picks Up 6 Advisors From Rival WirehousesThe reps worked with combined assets of over $1 billion while at Morgan Stanley, UBS and Wells Fargo.
May 28, 2025
Cantor Fitzgerald Agrees to Buy UBS Hedge Fund UnitThe deal includes O’Connor’s six investment strategies, which have about $11 billion in assets.
May 20, 2025
Annuity Provider Finds an Advisor-Client GapInvestors prioritize steady income and security as they plan to leave the workforce, Global Atlantic research finds.
May 06, 2025
Morningstar Will Now Call Out Lackluster Private InvestmentsIts rankings will target funds that tend to charge steeper fees in exchange for potentially higher returns.
May 06, 2025
CEOs Celebrate Buffett as He Ends His 5,500,000% RunBofA's Moynihan and JPMorgan's Dimon are among those who've said they learned a lot from him.
April 30, 2025
Carlyle, State Street Consider Partnership to Tap Retail WealthA potential tie-up would create a product that would combine public and private markets for individual investors.
April 28, 2025
Retiree Gets Jail for Role in $47M Insider Trading SchemeThe Oregon resident conspired with a Nuveen trader, now serving a six-year sentence, a court ruled.