Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Stocks Climb on Bets Fed Is Ready to Take a Break
By Rita NazarethThe S&P 500 rose for a fourth consecutive day and was on pace for its longest winning run since early April.
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.
June 12, 2023
S&P 500 Advances Toward Highest Since April 2022While the advance in the S&P 500 was mild, it was enough to drive the gauge above 4,300.
June 12, 2023
Morgan Stanley, Goldman at Odds on S&P 500's Bull Market Rally"More are declaring the bear market officially over; we respectfully disagree due to our 2023 earnings forecast," said Morgan Stanley's Michael Wilson.
June 12, 2023
JPMorgan Reaches Agreement to Settle With Epstein VictimThe biggest U.S. bank didn't say how much it agreed to pay or any other terms of the arrangement.
June 06, 2023
Best Bond Return Potential in 14 Years: PIMCOInvestors can get equity-like returns by investing in short-term publicly traded bonds with yields of 6% to 8%, executives of the bond shop say.
June 06, 2023
The 20 Biggest Asset Managers in the World: Q1 2023Fourteen of the world's 20 biggest asset managers are based in the U.S., according to ADV Ratings.
June 05, 2023
Glitch at JPMorgan Chase Caused Double Online Transactions"My account is at negative," one Twitter user posted about the bank's issues, which have since been resolved.