Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
State Street Ends $3.5B Deal With BBH
By Janet LevauxThe purchase, announced a year ago, involved Brown Brothers Harriman's cross-border custody, administration and related operations.
November 23, 2022
Fidelity to Convert 6 Active Funds to ETFsThe expense ratio of the new "disruptive" ETFs, to be launched by June, will be 0.50%.
November 23, 2022
Goldman Sachs to Pay $4M SEC Penalty in ESG Fund CaseRegulators says the firm "had several policies and procedures failures" involving ESG research used to pick and track stock holdings.
November 22, 2022
12 Best & Worst Broker-Dealers: Q3 Earnings, 2022Just three of the 12 broker-dealers featured in our regular coverage improved earnings year over year in the third quarter.
November 22, 2022
Tom Brady, Steph Curry FTX Endorsements Probed by Texas RegulatorPayments the stars received to endorse the crypto exchange are being reviewed, along with disclosures and how accessible they were to retail investors.
November 22, 2022
Family Offices Go Digital With Pershing-Arta DealBNY Mellon | Pershing CEO Jim Crowley and Arta CEO Caesar Sengupta explain how the new platform could impact advisors and wealthy clients.
November 22, 2022
Wealth Managers With the Best & Worst Apps, Websites: J.D. PowerBased on responses from some 6,400 full-service and self-directed investors, the results show the critical role of technology.
November 21, 2022
Fisher Investments Manager Selling Aaron Judge's Record BallYoumans was reportedly offered $3 million for the ball but recently chose to auction it off, according to ESPN.