Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BofA Warns of 'End to 60/40' Portfolios
By Lu WangThe recent synchronized selloff of equities and Treasuries could be just the start of what's to come for the popular stock-bond portfolio strategy, strategists warn.
October 06, 2021
BlackRock Adding Annuities to 401(k) PlansThe firm expects over 120,000 U.S.-based 401(k) plan participants will be able to access the annuity option starting in 2022.
October 06, 2021
Cathie Wood's Ark Leaving New York for FloridaThe firm will open its new headquarters on Nov. 1 in St. Petersburg, which is home to Raymond James and Dynasty Financial.
October 05, 2021
Gundlach's DoubleLine to Launch Stock, Bond ETFsThe firm aims to launch two actively managed U.S. ETFs in a first for the Los Angeles-based manager of $137 billion.
October 01, 2021
Vanguard Completes Acquisition of Just InvestThe deal was first announced in mid-July, and it follows a successful direct indexing pilot program run by the two firms.
October 01, 2021
8 New Funds From Top Managers: MorningstarAnalysts screened for open-end, active funds that share a manager with a fund carrying a Morningstar Silver or Gold Analyst Rating.
September 30, 2021
SEC Proposes New Disclosures on Asset Managers' Proxy VotesThe proposed rule would require mutual funds and ETFs to disclose fund votes on shareholder proxies.
September 30, 2021
Franklin Templeton Acquiring O'Shaughnessy Asset ManagementThe deal, whose terms were not disclosed, is expected to close in the fourth quarter.