Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
What Wall Street Is Saying About the Fed's Rate Hike
By Isabelle Lee and Lu Wang"Slower growth forecasts, yet more hikes. That's not a great combination for markets," said Richard Bernstein Advisors' Dan Suzuki.
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.
December 07, 2022
Vanguard Quits Net-Zero Climate Group, Marking Biggest Defection YetThe fund giant indicated that its decision was based on a desire to maintain the freedom to not restrict its investment options.
December 07, 2022
J.P. Morgan Rolls Out Digital Money Coach, Remote AdviceThe bank's Personal Advisors unit has over 200 financial professionals who can be reached remotely and via eight locations nationwide.
December 06, 2022
Morgan Stanley to Cut About 2,000 JobsGoldman Sachs and Bank of America executives warned of hiring slowdowns on Tuesday, citing the uncertain economic outlook.
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."