Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
State Street Says Companies Must Have Women on Their Boards
By Saijel KishanThe asset manager will only invest in firms that have at least one woman on their boards in the upcoming proxy season.
January 05, 2022
Vanguard Outage Points to Broader Customer Service WoesThe firm's handling of its recent snafu has prompted calls for it to improve communications and boost its tech.
December 30, 2021
Vanguard's Website Problems Are Mostly Fixed. Will They Be Forgotten?While big asset managers often face site outages, this one happened at a critical time for investors facing year-end deadlines.
December 28, 2021
Vanguard Clients Report Website Outages Since ChristmasFor several days, users have complained the site "won't provide account statements or transaction confirmations," says Vanguard watcher Dan Wiener.
December 26, 2021
Sustainable Investing: The Outlook for 2022Through the third quarter, global sustainable funds amassed some $4 trillion in assets, including more than $330 million in U.S. mutual funds and ETFs.
December 23, 2021
SEC Rejects Two Spot-Bitcoin ETFsRegulators handed cryptocurrency enthusiasts a proverbial bag of coal ahead of the Christmas holiday.
December 23, 2021
Kotlikoff: Conventional Investment Advice Is 'Bait and Switch'The economist says selling products while giving advice is a huge conflict; he also views the Fed's concerns about inflation as "cheap talk."
December 22, 2021
2022 ETF Outlook: Expect Hundreds of Launches, Mostly Active Funds2022 is expected to be another record-setting year for flows and new funds.