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 Trading Boom Lifts Johnson Family Wealth to $48B
By Jill R. ShahThe fortune of Fidelity CEO Abigail Johnson rose to $21.5 billion after the closely held firm reported that its revenue rose 15% last year.
March 07, 2022
U.S. Debt Is Massive, Expanding and Under ControlFears of a a "debt bomb" are not backed up by the numbers.
March 07, 2022
Vanguard on Track to Eclipse BlackRock in $6.8T ETF WorldOf the $900 billion poured into the industry in 2021, about a third went to Vanguard's mostly passive, dirt-cheap products.
March 04, 2022
Schwab Dips Toe Into Crypto ETF MarketThe firm filed a prospectus with the SEC for an ETF targeting companies benefiting from crypto and crypto-related tech.
March 03, 2022
10 Best Robo-Advisors: Q4 2021Backend Benchmarking's ranking includes both qualitative factors and performance metrics.
March 03, 2022
Wall Street Fund Giants Face Headache as Indexes Dump RussiaA Direxion leveraged ETF will shut, while others from the likes of BlackRock and DWS Investment are blocking new cash from entering.
March 01, 2022
RIAs Defend Their Turf Through Service Expansion: CerulliRIAs are adding high-end services to stand out as BDs are looking more and more RIA-like.
March 01, 2022
Bill Gross: Lingering Inflation Should Make Investors Think TwiceThe PIMCO co-founder also speaks out on his exit from the firm, move to Janus, Cathie Wood's ARK and more in a self-published book.