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 Quits Net-Zero Climate Group, Marking Biggest Defection Yet
By Frances Schwartzkopff and Alastair MarshThe fund giant indicated that its decision was based on a desire to maintain the freedom to not restrict its investment options.
December 06, 2022
Goldman CEO Sounds Warning on Job Cuts, PayAssuming "bumpy times ahead ... ," said David Solomon, the investment firm might have to do some "pruning in certain areas."
December 06, 2022
Fidelity Taps Leaders for Advisor, Institutional BusinessesThe move is part of the firm's alignment of clearing and custody with its brokerage and technology operations.
December 02, 2022
How to Navigate the 'Slightly New Normal' in 2023Rather than making big asset class bets, investors should seek strong performers in each class, Columbia Threadneedle's Joshua Kutin writes.
December 02, 2022
Blackstone's $69B Real Estate Fund Hits Redemption LimitRich individuals, family offices and financial advisors have recently become more cautious about tying up money in hard-to-trade assets.
December 01, 2022
Florida to Pull $2B of Assets From BlackRockIt's the latest move in a fight led by Governor Ron DeSantis against firms embracing environmental, social and corporate governance values.
November 30, 2022
What Stock Investors Should Look for Right Now: Morgan Stanley Private Wealth ExecFocus on strong-performing sectors with earnings resilience like health care, Sherry Paul says.
November 30, 2022
BlackRock's Fink: Most Crypto Firms Will Fold"I actually believe most of the companies are not going to be around," the CEO said Wednesday during the New York Times DealBook Summit.