Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
DFA Converts 2 More Active Mutual Funds to ETFs
By Bernice NapachThey are the Dimensional International Value ETF and World ex US Core Equity 2 ETF.
September 10, 2021
15 Best Model Portfolio Series of 2021: MorningstarMorningstar scored the people, process and parent of each model portfolio; fees were a big factor in the ranking.
September 10, 2021
VanEck Launches First Sustainable Muni ETFThe fund, managed by Jim Colby and Stephanie Wang, adds to VanEck's current muni ETF lineup, which has $7 billion in assets.
September 10, 2021
Cathie Wood's Ark ETFs Sell $139M of Tesla StockThe sales amount to around 3% of ARK's Tesla stake, and the firm still holds well over $4 billion, making it one of Tesla's top 20 holders.
September 09, 2021
Morningstar Boosts Model Portfolio ResearchThe firm says it is doubling Analyst Rating coverage of model portfolios by the end of 2021.
September 09, 2021
Janus Henderson Enters Crowded ESG Field With Five Active ETFsThe estimated expense ratios for the funds range from 0.35% to 0.60%.
September 09, 2021
How to 'Really Advance' Diversity in Financial Services: Northern Trust's Thomas"We have to push past the conversations about all the reasons we can't find the diverse professionals we want," says Shundrawn Thomas, president of Northern Trust Asset Management.
September 07, 2021
State Street Buying Brown Brothers' Unit for $3.5BState Street and the BBH unit had combined assets under custody of about $37 trillion as of June 30 versus $45 trillion for BNY Mellon.