Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Half of Institutional Investors See High Inflation in 3 Years: Poll
By Michael S. FischerMost respondents are changing portfolio allocation and risk in response, Clearwater Analytics found.
March 10, 2022
Pimco Amassed Billions of Exposure to Russia Debt Facing DefaultIt had at least $1.5 billion of sovereign debt as of year-end and placed about $1 billion of bets on Russia via the credit-default swap market.
March 10, 2022
Fidelity Trading Boom Lifts Johnson Family Wealth to $48BThe 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 10, 2022
Goldman Sachs to Exit Russia in Wall Street's First PulloutMeanwhile, Citigroup Inc. said Wednesday that it is assessing operations in the country.
March 07, 2022
How Advisors Do the Party CircuitSpring brings opportunities for advisors to mingle with coveted prospects.
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.