Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Group Calls for Limiting Power of BlackRock, Vanguard & State Street
By Bernice Napach"Outsized footprint" of Big Three "poses new issues" for U.S. economic competitiveness and financial market stability, says American Economic Liberties Project.
November 23, 2020
BlackRock to Buy SMA, Custom Index Shop for $1.05BThe news comes about six weeks after Morgan Stanley agreed to buy Eaton Vance — which includes direct indexer Parametric.
November 18, 2020
Fund Managers' Growth Expectations Hit 18-Year High: BofAInvestors are in their most bullish mood of the year, the bank's monthly fund manager survey finds.
November 13, 2020
Schwab Closing In on $6T in AssetsWith the TD Ameritrade deal completed, Schwab is catching up to other industry giants like Vanguard, BlackRock and Fidelity.
November 06, 2020
Top Asset Managers in 10 Categories, Ranked by Advisors — J.D. Power, 2020Advisors rated the firms on factors including trustworthiness, research and ease of doing business.
November 06, 2020
Fidelity Hiring for Digital Assets PlatformThe news comes three weeks after the industry giant said it wants to fill some 4,000 new client-facing positions.
October 26, 2020
Schwab Cutting 1,000 JobsThe move comes close to three weeks after the firm wrapped up its purchase of TD Ameritrade.
October 16, 2020
Asset Managers Are Eating Life Insurers' ShareEY analysts say one result of life insurers' woes is a $120 trillion global life protection gap.