Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Gen Xers Are Worried About Inflation, Skeptical of Advisors: State Street
By Michael S. FischerCurrent market conditions could make now a good time to build trust with these investors, according to State Street Global Advisors.
September 08, 2022
Cetera Is First Client for Broadridge's New Offering: Tech RoundupAlso, Morgan Stanley at Work rolls out Corporate Retirement Portal for advisors.
September 07, 2022
Guardian Capital Unveils Modern TontineMoshe Milevsky, who helped develop the tontine, says it is structured like a mutual fund.
September 07, 2022
BlackRock Seeks Crackdown on Copycat Domain NamesIn a lawsuit, the giant asset manager says more than 30 domain names are "confusingly similar" to the BlackRock trademark.
September 06, 2022
BofA Plans New Return-to-Office PoliciesCEO Brian Moynihan said the bank will soon add "more formality to the flexibility" via policies specific to each business unit.
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.