Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Drops Advisor of Mid-Cap Growth Fund
By Janet LevauxRS Investments has managed about 20% of the $3.1 billion fund.
December 15, 2022
Stocks Push Lower as Investors Digest Rate MovesThe S&P 500 dropped as much as 2.9% and the Nasdaq 100 fell as much as 3.7% Thursday afternoon.
December 14, 2022
What Wall Street Is Saying About the Fed's Rate Hike"Slower growth forecasts, yet more hikes. That's not a great combination for markets," said Richard Bernstein Advisors' Dan Suzuki.
December 13, 2022
12 Best & Worst Broker-Dealer Stocks of 2022The stock prices of most publicly traded BDs have fallen in 2022, with several notable exceptions.
December 12, 2022
Vanguard Defends Strategy as Critics Pile InAl Gore recently called Vanguard's decision to quit the world's biggest climate-finance alliance "irresponsible and shortsighted."
December 12, 2022
DFA Lists 2 New ETFsDimensional introduced a U.S. large-cap value ETF and an ETF offering exposure to U.S. and international real estate stocks.
December 09, 2022
Top Money Managers See Double-Digit Stock Gains in 2023Bloomberg's survey finds 71% of fund managers expect equities to rise with an average anticipated gain of 10% next year.
December 08, 2022
Big Job Cuts in Financial Services May Just Be Getting StartedNext year, the reductions could accelerate if markets stay choppy, investors cautious and corporations wary of investing or doing deals.