Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Generali to Take Control of Conning From Cathay Life
By Allison BellMany life and annuity issuers use the firm's research and asset management services.
July 02, 2023
Wall Street's 'Crystal Ball' Shatters as Stocks Stage Big Rally"Bears make you smart — but bulls make you money," said BMO Capital Markets' Brian Belski, who just raised his end-year S&P 500 target.
June 30, 2023
SEC Pushes Back Against Fidelity, BlackRock Spot Bitcoin ETF FilingsThe token on Friday traded around $30,300. That's still less than half the record of almost $69,000 reached in November 2021.
June 29, 2023
Fidelity to Convert 6 Enhanced Index Funds to ETFsThe conversion will bring lower expenses and additional trading flexibility, according to Fidelity.
June 28, 2023
Wood's Ark Adds Possible 'Silver Bullet' to Bitcoin ETF FilingThe language mimics a clause in BlackRock Inc.'s spot Bitcoin ETF filing, which landed roughly two weeks ago.
June 27, 2023
Fidelity Eyes Spot ETF as Bitcoin Nears One-Year HighBlackRock recently filed its application for a spot Bitcoin ETF, which sent Bitcoin to a new high for 2023.
June 27, 2023
UBS Plans to Cut Over Half of Credit Suisse WorkforceBankers, traders and support staff in Credit Suisse's investment bank in several locations should likely bear the brunt of the cuts.
June 26, 2023
Morgan Stanley's Wilson Sees Big Risks of a 'Major Correction'"The headwinds significantly outweigh the tailwinds and we believe risks for a major correction have rarely been higher," the strategist said.