Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Steals BlackRock Crown for World's Biggest Bond ETF
By Katie GreifeldWhile BlackRock still has the most fixed-income ETF assets, four of the top five largest funds are Vanguard products.
August 05, 2022
Pimco Clients Pull $29B as Rate Hikes Hit Bond Funds"Pimco is in the eye of the Fed hike storm and will likely be a much smaller company when all is said and done," said Bloomberg's Eric Balchunas.
August 04, 2022
BlackRock to Shutter Russia ETF That Once Held $800 MillionThe firm says it expects the full liquidation of the first major Russia-focused ETF in the U.S. to take "an extended period of time."
August 04, 2022
12 Best & Worst Broker-Dealers: Q2 Earnings, 2022In the worst quarter for the S&P 500 since 2020, four big BDs reported earnings growth.
August 03, 2022
Lean Into Tough Client Conversations When Market's Down: Frontier Asset Management CEORobert Miller tells ThinkAdvisor how to calm clients, how to hedge inflation and his thoughts on 60/40 portfolios.
August 01, 2022
Income Obsession Sweeps Across Asset Classes as Stocks SwerveIn the $6.6 trillion ETF arena, three dividend-focused funds rank among the top 10 in terms of equity inflows so this year, Bloomberg reports.
July 29, 2022
El-Erian, Crescenzi Explain Why Investors Are Betting on the Fed"The market is looking for a pivot ... when the only reason you would get it is [if] the economy collapses," said economist Mohamed El-Erian.
July 29, 2022
Mental Health Could Have Major Impact on Social Security Trust FundIf disability claims spike in the pandemic's aftermath, retirement funds might be needed to cover the shortfall.