Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman Sachs Paid Over $12M to Bury Partner's Claim of Sexist Culture
By Sridhar Natarajan and Max AbelsonThe confidential payment is likely among the biggest of its kind on Wall Street, where firms use deep pockets to prevent accusations of from becoming public.
November 11, 2022
Don't Get 'Too Fancy' When Protecting Portfolios From Inflation: Finke"I have a very, very good inflation hedge in my human capital," David Blanchett said.
November 10, 2022
Stocks Skyrocket on Inflation Relief RallyOver 96% of stocks in the S&P 500 rose as the benchmark staged its best first-day reaction to a CPI report since 2003.
November 10, 2022
FiComm, FMG Launch Coaching Program for Advisors: Tech RoundupAlso, Cadence Bank plans to onboard the investment business of legacy BancorpSouth Bank to LPL's platform this quarter.
November 09, 2022
The 19 Best Financial Services Firms to Own in 2022: MorningstarA select number of banks, asset managers, broker-dealers and related companies have a competitive edge in the industry, the research firm says.
November 09, 2022
Morgan Stanley Gets Toehold in ETFs Via Parametric-Advised DebutThe Innovator Equity Managed Floor ETF is sub-advised by the asset manager, which was acquired in March 2021 through the bank's purchase of Eaton Vance.
November 08, 2022
Portfolio Outlook Is the Best Since 2010: JPMorgan's KellyStrategist David Kelly and colleagues also say investors should stick with 60/40 portfolios, which are poised to recover in about three years.
November 08, 2022
An Investing Guide to the Midterm ElectionsFor sectors like health, energy and tech, the makeup of the next Congress will be key to determining their path forward.