Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
TIAA Agrees to Sell Its Bank
By Matthew MonksThe bank is being sold to Reverence Capital and others, so TIAA can focus on its retirement and asset management services.
November 01, 2022
LUMINARIES 2022 Finalists: Executive Leadership — IndividualsMeet the standout individual finalists — who were selected from hundreds of stellar nominations by our editorial team — in Executive Leadership.
November 01, 2022
Financial Firms Spent $1B on Ransomware Payments in 2021The Treasury Department says some 1,489 incidents were reported last year vs. 487 in 2020.
November 01, 2022
Morningstar Launches Direct Indexing Investment OfferingThe offering, part of a growing industry trend, allows portfolios to be tailored to each investor's needs.
November 01, 2022
New Goldman Platform Advises Asset Managers on Launching ETFsGoldman expects the first client ETF developed through the platform to launch in 2023.
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.