Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Nuveen Names Saira Malik Chief Investment Officer
By Ginger SzalaThe 26-year investment veteran will lead the firm's strategic market views and investment teams.
January 20, 2022
Fidelity Readies the First Retail Direct Indexing ProductThe minimum investment for Fidelity Managed FidFolios is $5,000; the fee is 40 basis points.
January 19, 2022
SSGA CEO to RetireCyrus Taraporevala, who joined State Street Global Advisors in 2016, will stay on until the Boston-based firm finds a successor.
January 19, 2022
How Indie Advisors Plan to Grow in the Next 5 Years: SchwabHigh on their list of strategies: adding new clients, particularly new investors minted during the pandemic.
January 19, 2022
Schwab's RIA Assets Still on a Tear: Q4 EarningsAssets handled by advisors rose 24% from the prior year to $3.74 trillion; net new assets topped $100 billion.
January 18, 2022
BlackRock CEO Infuriates Republicans and Climate Activists AlikeLarry Fink just sent his 10th annual letter to fellow CEOs, which reaffirmed his devotion to capitalism and oil, gas and coal companies.
January 14, 2022
BlackRock Assets Hit Record $10 Trillion, Powered by ETFsInvestors poured a net $104 billion into ETFs in the three months ended Dec. 31, the firm said Friday.
January 13, 2022
Here's What's Ahead for Active ETFs in 2022: CerulliA big gap exists between advisors and asset managers around perceived demand for sustainable ETFs, according to the research group.