Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Bernie Sanders Floats 95% Corporate Tax Targeting JPMorgan, Chevron
By Laura DavidsonThe higher tax rate would target corporate earnings that are above pre-pandemic levels.
March 24, 2022
Fidelity Enhances Bond Beacon: Tech RoundupAlso, Oppenheimer has launched its Investor Gateway wealth management technology platform.
March 23, 2022
5 Ways to Lower RMDs, Help Clients Reduce Medicare SurchargesStrategies to trim required minimum distributions can lessen the impact of income-related monthly adjustment amounts, or IRMAAs.
March 21, 2022
Schwab Launches Thematic Stock ListsThis new resource provides retail clients with access to dozens of investing themes, it says.
March 21, 2022
Warren Buffett to Buy Insurer Alleghany for $11.6BBerkshire Hathaway gains a large property-casualty group with reinsurance operations via its Transatlantic Holdings unit.
March 21, 2022
One of Wall Street's Most Vocal Bears Says Sell the RallyThe pessimistic outlook of Morgan Stanley's chief U.S. equity strategist follows a 6.2% rebound in the S&P 500.
March 17, 2022
Cathie Wood's Flagship ETF Added $341M Ahead of Big GainThe Ark Innovation fund sold off earlier this year, as investors sought more defensive positions amid global stock-market turmoil.
March 17, 2022
BNY Mellon Taps Robin Vince as Next CEOVince joined BNY Mellon in October 2020 after working for 26 years at Goldman Sachs in several executive roles.