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 Buying Direct Indexing Firm Just Invest
By Bernice NapachTerms of the deal were not disclosed, and it is expected to close in the fourth quarter.
July 08, 2021
DFA Plans Its First Bond ETFsThe firm is planning four bond ETFs — two investment grade, one TIPS ETF and one municipal fund.
July 07, 2021
China No Longer an Emerging Market: BlackRockBlackRock has broken away from most other asset managers by declaring China a standalone allocation.
July 06, 2021
Managed Account Assets Are Exploding: Cerulli AssociatesThey grew 41.6% in the first quarter from a year ago to a record $9.2 trillion.
July 02, 2021
Vanguard's Quant Equity Group Losing 2 Key ManagersJames Stetler is retiring after 39 years; Binbin Guo is leaving after 14 years.
July 02, 2021
Schwab's Former Headquarters Now on the MarketSchwab will keep its offices in the San Francisco building through April 2028, despite moving its base to Texas in January.
July 02, 2021
Schwab Taking $200 Million Charge for SEC Robo-Advisor ProbeThe compliance inquiry relates to past disclosures around the firm's Schwab Intelligent Portfolios product.
June 29, 2021
Goldman Plans New Dallas Campus, Extending Bet on Hub in TexasEarlier this year, Schwab relocated its headquarters to the Dallas suburb of Westlake, where Fidelity has a campus.