Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Wall Street Rally Wipes Away Year of Losses
By Denitsa Tsekova & Isabelle Lee"So long as U.S. recession keeps being pushed back, we think equities can continue to grind higher," said Barclay's Emmanuel Cau.
June 15, 2023
Goldman Partner's Sexually Explicit Video Led to Millions in SettlementAdam Dell didn't know a camera was filming after a work project and sent the full video to a woman, say people familiar with the matter.
June 15, 2023
ICapital Launches 'One-Stop Shop' for Advisors Seeking Alt InvestmentsThe new iCapital Marketplace is designed to connect advisors with a broad array of asset managers and offerings.
June 14, 2023
S&P 500 Should End Year at 3,900: Morgan Stanley's WilsonThe bank's top U.S. equity strategist is warning that a profit recession is still underway and implies a nearly 11% drop in the index. .
June 13, 2023
Stocks Climb on Bets Fed Is Ready to Take a BreakThe S&P 500 rose for a fourth consecutive day and was on pace for its longest winning run since early April.
June 13, 2023
15 Largest U.S. Banks by AssetsAssets at the four biggest banks grew nearly $500 billion in three months, according to S&P Global.
June 12, 2023
AI Hype Starting to 'Smell Like Dot-Com Era': Investment VeteranNvidia, for instance, is up nearly 30% since late May and more than 160% this year — helping the Nasdaq add a third to its value.
June 12, 2023
JPMorgan to Pay $290M to Settle Epstein Victim's SuitThe deal with the victim identified only as Jane Doe doesn't end JPMorgan's legal headache over its ties to Epstein.