Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Stocks Crushed as Jobs Keep Fed on Hiking Path
By Rita NazarethAlmost 95% of the companies in the S&P 500 fell, with a rout in big tech weighing heavily on the market.
October 04, 2022
Schwab Expands No-Transaction-Fee Fund Offerings for RIAsIt has added more than 800 institutional funds from 15 third-party asset managers.
October 03, 2022
BlackRock Taps U.S. Wealth Chief as Next CFOMartin Small will become the asset manager's next chief financial officer in March as part of a wave of senior management changes.
October 03, 2022
State Street Global Advisors Names Next CEOYie-Hsin Hung will succeed Cyrus Taraporevala as the chief executive of State Street's asset management business.
September 29, 2022
Cambridge Launches New Digital Marketing Solution for Advisors: Tech RoundupAlso, BNY Mellon to provide comprehensive solution to asset manager Aviva Investors.
September 27, 2022
Goldman and BlackRock Sour on StocksGoldman's bearish take comes after its U.S. strategists slashed their year-end target for the S&P 500 Index to 3,600 from 4,300 last week.
September 27, 2022
Gundlach Starts Buying After Worst Treasury Rout in Decades"The U.S. Treasury Bond market is rallying," said Gundlach, whose firm manages more than $107 billion. "Been a long time."
September 26, 2022
Vanguard Plans Its First U.S. ETF LiquidationInvestors can sell their shares prior to the ETF's delisting, on or about Nov. 22.