Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Capital Group Sets Fees for Its First ETFs
By Bernice NapachThe six active ETFs, set to launch in the first quarter, have management fees ranging from 0.33% to 0.54%.
December 17, 2021
Vanguard and DFA Cut Fund Fees, AgainVanguard has cut fees on 17 funds; DFA is reducing fees on 47 funds.
December 17, 2021
JPMorgan Bosses, Hooked on WhatsApp, Fuel $200M PenaltyTens of thousands of messages escaped surveillance, hindering investigations, the SEC said as it doled out an unusually large fine.
December 15, 2021
Franklin Templeton Plans 2 Mutual Fund Conversions to ETFsBNY Mellon launches three active, sustainable ETFs, expanding its suite of active ETFs.
December 14, 2021
This Ain't John Bogle's Vanguard: Morningstar's RekenthalerThe columnist criticizes the fund giant's Personal Advisor Services for its exclusive funds and private equity plans.
December 14, 2021
Fidelity Institutional Taps Salesforce ExecRohit Mahna now leads National Financial and Fidelity Brokerage Services, a role held by Sanjiv Mirchandani until this summer.
December 13, 2021
Goldman, Morgan Stanley Say Any Drop in Stocks Likely to Be SmallCurrent index levels, they said, indicate low single-digit returns over 12 months with a maximum drop between 5 and 10%.