Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fake WisdomTree Execs Duped Over 1,000 Investors: Lawsuit
By Dinah Wisenberg BrinThe fraudsters falsely claimed they hosted a conference with Fidelity, Goldman, BlackRock and Vanguard, WisdomTree's lawsuit contends.
January 06, 2025
Citi Wealth Taps J.P. Morgan Wealth Exec for Investment Advisory RoleMarc Turansky most recently led advisory programs at J.P. Morgan Wealth Management.
January 06, 2025
Calamos to Launch Bitcoin ETF With 100% Downside ProtectionThe downside protection comes in exchange for a cap on upside.
January 02, 2025
BlackRock, PGIM Add to Buffer ETF LineupsThese funds, also known as defined outcome ETFs, now have nearly $50 billion in assets.
December 30, 2024
Vanguard Signs Updated 'Passivity Agreement' to Limit Its Influence on BanksThe pact removes the immediate threat to Vanguard’s ability to buy bank stocks, Vanguard watcher Jeff DeMaso says.
December 20, 2024
Schwab Buys Orlando Office ParkThe company paid $122 million, a local publication reported.
December 18, 2024
LPL Agrees to Purge Data From Recruited Ameriprise AdvisorsThe firms agreed to a court order in legal battle over ex-Ameriprise reps' transfer of client info.
December 09, 2024
Vanguard to Launch New Advice and Wealth UnitJoanna Rotenberg, a former Fidelity executive, will lead the division.