Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Orion Hires Industry Veteran as New EVP of Sales: Tech Roundup
By Jeff BermanAlso, Fidelity acquired software firm Shoobx; Broadridge extends its digital wealth platform partnership with IGM Financial.
January 17, 2023
UBS Doesn't Plan to Buy Credit Suisse or U.S. FirmsThe firm needs to get its U.S. wealth business "up and running and improve ... margins," says Chairman Colm Kelleher.
January 13, 2023
BlackRock Takes Stake in 401(k) StartupThe startup, Human Interest, aims to expand retirement plans access for small and medium-sized firms.
January 13, 2023
JPMorgan, BofA Show Gains in Headcount as Wells Fargo's DropsDespite layoffs across the finance industry, there were no signs of staffing pullbacks at two large banks.
January 11, 2023
Jeffrey Gundlach's 9 Market and Economic Predictions for Investors, Advisors"It's pretty obvious the Fed is not in control," DoubleLine's CEO says. "The bond market is in control."
January 11, 2023
BlackRock Plans to Cut 500 JobsThe 2.5% trimming of its global workforce is the such move at New York-based asset manager since 2019.
January 10, 2023
3 Keys to Catching the Next Investment WaveClinging to old investing themes means missed opportunities, Richard Bernstein Advisors says.
January 10, 2023
BlackRock, Fidelity Warn Markets Are Underestimating Inflation AgainHigh inflation should persist, with little hope that a recession will spur the Fed to cut rates, according to one group of analysts.