Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity to Launch 5 New ESG Funds
By Bernice NapachFidelity is launching three mutual funds (two equity, one bond) and two active semi-transparent equity ETFs on Thursday.
June 11, 2021
State Street Launches Digital Asset UnitState Street Digital builds on the firm's current digital capabilities and will include cryptocurrency, blockchain and tokenization.
June 02, 2021
BlackRock CEO Larry Fink Sees Potential for 'Big Shock' From InflationHe says many investors are underestimating a potential spike in inflation because over the last 30 years they've only seen inflation decline.
June 02, 2021
Firm That Took On ExxonMobil Files for 2 ETFsThe ETFs will use proxy voting guidelines to encourage better corporate behavior.
June 01, 2021
Vanguard to Change Benchmarks for 3 Stock Dividend FundsVanguard will be switching benchmarks from Nasdaq indexes to S&P indexes in the third quarter of this year.
May 27, 2021
BlackRock and Vanguard Played Key Roles in Exxon's Shareholder Proxy VoteBoth fund companies voted for a portion of a dissident slate of nominees to Exxon's board. Two of them won.
May 26, 2021
Fidelity Introduces New Educational Program for AdvisorsThe Wealth Advisory Institute was developed by Fidelity and features insights and resources from it and other asset managers.
May 26, 2021
Woman in NYC Birdwatcher Case Sues Franklin Templeton in FiringIn an incident that went viral, Amy Cooper called the police on a Black birdwatcher in Central Park in May 2020.