Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Financial Firms Spent $1B on Ransomware Payments in 2021
By Jack GillumThe Treasury Department says some 1,489 incidents were reported last year vs. 487 in 2020.
October 31, 2022
Markets Rallying Prematurely on Fed Pivot Hopes: BlackRockBlackRock also predicts a recession will keep stocks from enjoying the lift they usually see after U.S. midterms.
October 27, 2022
Pitchfork-Wielding Climate Activists Protest at BlackRock HeadquartersProtesters reportedly dumped coal on an escalator; police arrested 10 people.
October 27, 2022
Credit Suisse Posts $4B Loss Ahead of Crucial RevampThe firm also plans to cut thousands of jobs as it looks to put an end to years of scandals and management missteps.
October 27, 2022
Capital Group's $3B ETF Run Spawns 3 New Bond FundsInflows into fixed-income ETFs nearly doubled in the past week to more than $9 billion, according to Bloomberg.
October 25, 2022
Why It's Time to Really Engage With ClientsThere are some exciting and powerful ways advisors can connect with clients and their assets today, explains one wealth-management veteran.
October 25, 2022
The 4 Tiers of Value Advisors Provide to ClientsEQ, not IQ, is the key to rising to higher tiers, Fidelity's Michael Durbin says.
October 24, 2022
Palace Intrigue at UBS Pits CEO Against a Rising StarA look at the complicated relationship between UBS Wealth Boss Iqbal Khan and tech-savvy CEO Ralph Hamers.