Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock Says Stock Picking 'Matters More' as Playbook Changes
By Jessica MentonThe S&P 500 Index has had average annual returns of 6% when the benchmark shed more than 5% between January and February.
April 04, 2022
Morningstar Cuts ARKK Rating to NegativeCathie Wood's flagship fund took a "wretched" 45.5% loss in the 12 months through February, strategist Robby Greengold wrote.
April 04, 2022
Capital Group Teams With Morningstar on Personalized Target Date ServiceTarget Date Plus will offer customized portfolios based on investors' age, salary, assets, savings rate and company match rate.
April 04, 2022
10 Best Fund Brands in U.S. and Across the GlobeBroadridge asked 1,200 fund selectors in the U.S. and abroad about their favorite asset managers.
March 31, 2022
UBS, Envestnet and iCapital Launch Alternatives Exchange: Tech RoundupAlso, eMoney Advisor adds white labeling to its Incentive financial wellness app.
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.