Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Cathie Wood's ARKK Dumped Nvidia Stock Before $560B Surge
By Emily GraffeoNvidia "has been very good to her. She was into the stock before it was cool," said ETF analyst Eric Balchunas of Bloomberg Intelligence.
May 25, 2023
Ex-Morgan Stanley Advisor Gets 7 Years for Fleecing ClientsShawn Edward Good took in $7.2 million from at least 13 victims thorough his decade-long Ponzi scheme.
May 24, 2023
Ritholtz Wealth Launches New Robo Wealth ManagerThe new service, Good Advice, has a minimum investment level of $15,000.
May 23, 2023
BlackRock Bond Chief's First ETF Is All About IncomeThe asset manager already controls about $600 billion of the nearly $1.4 trillion held in U.S. debt ETFs.
May 23, 2023
Best & Worst Broker-Dealers: Q1 Earnings, 2023Seven firms posted positive results in the quarter, which ended with the failure of Silicon Valley Bank.
May 23, 2023
The 10 Biggest Managers of North American Insurance Money: 2022These top firms beat the Federal Reserve's U.S. financial assets benchmark.
May 19, 2023
Who Will Be Morgan Stanley's Next CEO?James Gorman's plan to depart sets up a battle among three of the Wall Street giant's top executives for his job.
May 19, 2023
Morgan Stanley's Gorman to Step Down After 14 YearsThe CEO says there are three finalists to take over the role following his departure from the firm over the next 12 months.