Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Capital Group Teams With Morningstar on Personalized Target Date Service
By Jeff BermanTarget Date Plus will offer customized portfolios based on investors' age, salary, assets, savings rate and company match rate.
March 31, 2022
Schwab's Direct Indexing Platform to Launch in AprilSchwab's direct indexing fees are set to start at 0.40%, which matches the planned Fidelity Managed FidFolios.
March 30, 2022
Self-Directed Older Investors More Likely to Veer Off Financial CourseThis group of investors has a lot to gain by hiring an advisor, my new research shows.
March 29, 2022
Morgan Stanley to Jump Into ETF MarketThe firm plans to offer a "multi-asset ETF platform that covers active and systematic strategies," said an executive.
March 29, 2022
Goldman Buys Robo-Advisor NextCapital in Retirement ExpansionTerms of the deal, which is expected to be completed in the second half of the year, weren't disclosed.
March 28, 2022
JPMorgan Behind Moves to Detain Russian Billionaire's SuperyachtThe 5-deck Axioma, which boasts an infinity swimming pool plus a 3D cinema, was impounded last week.
March 28, 2022
AIG Makes $150B BlackRock Deal on Way to Life & Retirement SeparationAIG said last month that it hopes to launch a Life & Retirement IPO by June 30.
March 28, 2022
8 Top Tips for Advisors, Investors in 2022: NuveenThe last decade has been favorable for a 60/40 portfolio but current valuations have never been worse, it says.