Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock Introduces Buy-Write Bond ETF Suite
By Dinah Wisenberg BrinThe ETFs seek to increase yield potential in what BlackRock calls the toughest fixed income environment in decades.
August 17, 2022
Decades After Coining 'ETF,' Morgan Stanley Is Finally Launching Its OwnThe four ETFs are set to have the Calvert label, which Morgan Stanley acquired with its 2020 purchase of Eaton Vance.
August 16, 2022
Wall Street's $2B WhatsApp Fines Are Years in the MakingThe regulators have taken the view that any use of personal devices for business communications is problematic.
August 16, 2022
What Buffett's Berkshire Bought, Sold in Q2Buffett's firm made $3.8 billion in net stock purchases during the second quarter, down from $41 billion in the prior period.
August 16, 2022
Vanguard Launching Environmental Stock FundThe fund should start trading in the fourth quarter with an expense ratio of 0.75% for Investor Shares and 0.60% for Admiral Shares.
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.