Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Wall Street's $2B WhatsApp Fines Are Years in the Making
By Stefania Spezzati, Matt Robinson and Lydia BeyoudThe regulators have taken the view that any use of personal devices for business communications is problematic.
August 15, 2022
BofA Says This Fed Move Would Shave 7% Off S&P 500A new study by a Federal Reserve Bank of Atlanta, though, found the action could have a relatively modest impact on the economy.
August 15, 2022
10 Best Robo-Advisors: Q2 2022The Robo Report tracks 58 accounts at 33 providers; it opened accounts at robo advisors in 2015 to "bring transparency to the industry."
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.