Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
State Street to Close 2 NYC Offices in Embrace of Hybrid Work
By Eric Krebs and Natalie WongIts New York-based staff will work remotely or from buildings in New Jersey and Connecticut.
August 09, 2021
25 Top Foreign-Stock Funds: MorningstarSusan Dziubinski's latest roundup includes offerings from American Funds, DFA, Oakmark, Vanguard and others.
August 05, 2021
BlackRock, Wells Fargo Delay Return to Office on Delta ConcernsWells Fargo has resumed a rule that employees now working in offices wear masks, regardless of their vaccination status.
August 04, 2021
Vanguard Offers $1,000 to Employees to Get Vaccinated by OctoberVanguard rival BlackRock recently adjusted its plans, prohibiting unvaccinated employees from entering U.S. offices starting in July.
August 02, 2021
Brandywine Global Acquires Diamond Hill High Yield Bond FundsThe deal involves the $2.3 billion Diamond Hill Corporate Credit Fund and the $1.1 billion Diamond Hill High Yield Fund.
July 30, 2021
iM Global Partner Takes 45% Stake in Richard Bernstein AdvisorsRBA's senior investment committee members will continue to run operations independently and manage portfolios.
July 29, 2021
Vanguard to Launch 2 New Active Bond FundsIt has filed with the SEC to roll out the Vanguard Core-Plus Bond Fund and Vanguard Multi-Sector Income Bond Fund.
July 29, 2021
T. Rowe Price Chairman, CEO to RetireBill Stromberg, who's spent 35 years with the firm, will be replaced by President Rob Sharps on Jan. 1, 2022.