Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Launching Environmental Stock Fund
By Dinah Wisenberg BrinThe fund should start trading in the fourth quarter with an expense ratio of 0.75% for Investor Shares and 0.60% for Admiral Shares.
August 15, 2022
How the U.S. Toppled the World's Most Powerful Gold TraderLast week, former JPMorgan employee Michael Nowak was convicted on 13 counts and now faces the prospect of decades in prison.
August 12, 2022
Vanguard Nabs Top Fidelity, JPMorgan ResearchersAndy Reed and Fiona Greig focus on investor behavior and household finance, respectively; they join Vanguard's Investment Strategy Group.
August 12, 2022
BlackRock Offers Bitcoin Investing to Big Institutional ClientsThe new private Bitcoin trust seeks to track the price of the biggest cryptocurrency, the asset manager says.
August 11, 2022
Envestnet Institute On Campus Adds Franklin Templeton as Sponsor: Tech RoundupAlso, LinkedIn's latest compliance partner is RIA in a Box.
August 11, 2022
Thiel-Backed Firm Debuts Anti-ESG ETFThe Strive U.S. Energy fund, which aims to "unshackle" energy firms from climate concerns, has the support of billionaire investor Peter Thiel.
August 09, 2022
Vanguard Steals BlackRock Crown for World's Biggest Bond ETFWhile BlackRock still has the most fixed-income ETF assets, four of the top five largest funds are Vanguard products.
August 09, 2022
BlackRock Strategists: Move Toward High-Quality Bonds"We prefer investment grade credit over equities ... with higher volatility taking shape," the BlackRock Investment Institute said.