Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Capital Group's $3B ETF Run Spawns 3 New Bond Funds
By Emily GraffeoInflows into fixed-income ETFs nearly doubled in the past week to more than $9 billion, according to Bloomberg.
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.
October 24, 2022
Fidelity Rolls Out Institutional Custom SMAsFidelity's RIA clients should have access to the direct indexing SMA services in early 2023.
October 21, 2022
Alternative Investments Look Good to Advisors Amid Market VolatilityBut few advisors in a Broadridge survey reported satisfaction with the alternative investment choices available to them.
October 19, 2022
Vanguard Funds Leak $3B in Rare Month of Net Outflows"Tumbling equity markets and declining bond prices made some investors head for the exits," Morningstar said.
October 19, 2022
Bill Gross Bashes 'Total Return' Bond Funds He PopularizedThey've clung to their benchmarks too closely, essentially becoming "quasi" index-tracking strategies, according to Gross.
October 18, 2022
BofA Survey 'Screams' Capitulation With Rally Set for 2023Fund managers expect stocks to bottom in the first half of 2023 after the Fed finally pivots away from raising interest rates.
October 18, 2022
BlackRock's Troubles Mount as Missouri Pulls $500MThis follows Louisiana's move to pull $794 million due to the asset manager's stance on sustainable investing.