Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Guardian Capital Unveils Modern Tontine
By Dinah Wisenberg BrinMoshe Milevsky, who helped develop the tontine, says it is structured like a mutual fund.
September 06, 2022
TCW Hires Goldman Veteran as CEOKatie Koch joins the $220 billion asset manager after 20 years at Goldman, where she rose to become partner.
September 01, 2022
Cathie Wood's ARKK Sees Biggest Monthly Outflow in Nearly a YearThe $8 billion Ark Innovation ETF saw $803 million rush out in August. It's down 60% this year vs. the S&P 500's 18% drop.
September 01, 2022
Goldman Closes on NextCapital Purchase: Tech RoundupAlso, Goldman Sachs finalizes its purchase of robo-advisor NextCapital Group.
August 31, 2022
Income for Life: Strategies to Avoid Running Out of Money in RetirementFrom emergency savings to annuities to tontines, there are plenty of tools for creating an income stream that lasts.
August 31, 2022
The Market Is Underestimating Fed Risk Even After Rout: BofAThe rude awakening that Jerome Powell's speech has been to U.S. shares means investors need to catch up in pricing policy risk.
August 29, 2022
Fidelity Launches Advisor Large Cap Opportunities SMAThe managers will invest in a combination of high-conviction ideas from a selection of Fidelity portfolios.
August 26, 2022
BlackRock Launches iShares Neuroscience and Health Care ETFBlackRock called IBRN the first ETF focused on growth and innovation related to the treatment of neurological diseases.