Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity Managed Assets Top $7T, Revenue Jumps 15%
By Loukia GyftopoulouFidelity's fund assets rose by over $1 trillion.
February 26, 2026
SEC Bars Advisor Who Took $9.8M From Older ClientEjiro Ode Okuma used funds to build a luxury residence, purchase vehicles and buy vacation homes, the agency says.
February 26, 2026
Texas Says Vanguard Settles Collusion Suit for $29.5MThe lawsuit accused the asset manager of colluding to manipulate the energy market and reduce coal output.
February 26, 2026
Janus Bidding War Begins as Victory Capital Tops Trian OfferVictory's cash-and-stock proposal would value the combined company at about $16 billion.
February 26, 2026
Citi to Cut 141 Jobs in New JerseyThe laytoffs are part of the financial services company's ongoing headcount reductions.
February 25, 2026
UBS Names New Head of Field to Boost Advisor SupportThe appointment of Lisa Golia is intended to broaden the global wealth manager's leadership structure.
February 24, 2026
U.S. Weighs Bank Citizenship-Data Requirements: ReportsThe order, reported by the Wall Street Journal and Semafor, could apply to new clients as well as existing account holders.
February 24, 2026
WisdomTree Gets SEC Nod for Tokenized Money Fund to Trade 24/7The approval could have major implications for the plumbing of cash management, the asset manager says.