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 Yields to ETF Craze With Slate of Actively Managed Funds
By Claire BallentineThe Los Angeles-based firm will release six exchange-traded funds covering strategies ranging from value to growth.
August 23, 2021
Stock Funds Bled Assets for First Time Since January: MorningstarVanguard continued to attract money, while active managers T. Rowe Price and Franklin Templeton suffered big net outflows.
August 23, 2021
Jackson Nabs Fidelity's Compliance ChiefCarrie Chelko joins the annuity provider as an EVP and will become its compliance chief after the demerger with Prudential on Sept 13.
August 17, 2021
Franklin Templeton Asks Court to Dismiss Suit by Woman in NYC Birdwatcher CaseAmy Cooper was fired after she falsely claimed that an "African American man" birdwatching in Central Park threatened her life.
August 16, 2021
State Street to Close 2 NYC Offices in Embrace of Hybrid WorkIts New York-based staff will work remotely or from buildings in New Jersey and Connecticut.
August 11, 2021
Fidelity's Assets Top $11T as New Retail Accounts Jump 39%: Q2 EarningsThe firm's latest results included a 26% year-over-year jump in assets under management to $4.2 trillion.
August 09, 2021
SEC Bars Ex-Pimco CEO Hodge Over College Admissions ScamThe sanction comes more than a year after the executive was sentenced to nine months in prison for his actions.
August 09, 2021
25 Top Foreign-Stock Funds: MorningstarSusan Dziubinski's latest roundup includes offerings from American Funds, DFA, Oakmark, Vanguard and others.