Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Morgan Stanley Plans 3,000 More Job Cuts
By Sridhar NatarajanThe planned cuts come just months after the firm trimmed about 2% of its workforce.
April 26, 2023
Is Vanguard Really the Cheapest Fund Provider?Competitors undercut some Vanguard fees, but it "deserves its reputation" as the low-cost leader, a Morningstar analyst says.
April 24, 2023
Schwab Should Split From Its Bank: JPMorgan"Investors see a number of risks associated with the Schwab Bank ... ," argues analyst Kenneth Worthington.
April 21, 2023
There's Danger in Market's Bet for a Soft Landing: Morgan StanleyThe market has an "extraordinarily glass half full" view, said the firm's chief investment officer for wealth management.
April 20, 2023
Here Are Advisors' Biggest Business Challenges: CerulliThe research group looks at where advisors struggle and how asset managers can help.
April 19, 2023
Barclays to Shut 21 ETNs a Year After 'Staggering' Note BlunderThe SEC says Barclays sold about $17.7 billion of securities in unregistered transactions; it agreed to pay $361 million to resolve the charges.
April 19, 2023
Morgan Stanley Profits Drop Despite Strong Wealth ResultsThe wirehouse aims for its wealth management business to bring in $1 trillion in net new assets every three years.
April 17, 2023
New Nominations Deadline for LUMINARIES 2023 AwardsThinkAdvisor's recognition program is accepting nominations through April 25. There's no cost to participate.