Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock, Wells Fargo Delay Return to Office on Delta Concerns
By Hannah Levitt and Annie MassaWells Fargo has resumed a rule that employees now working in offices wear masks, regardless of their vaccination status.
July 30, 2021
iM Global Partner Takes 45% Stake in Richard Bernstein AdvisorsRBA's senior investment committee members will continue to run operations independently and manage portfolios.
July 29, 2021
Vanguard to Launch 2 New Active Bond FundsIt has filed with the SEC to roll out the Vanguard Core-Plus Bond Fund and Vanguard Multi-Sector Income Bond Fund.
July 29, 2021
T. Rowe Price Chairman, CEO to RetireBill Stromberg, who's spent 35 years with the firm, will be replaced by President Rob Sharps on Jan. 1, 2022.
July 28, 2021
'The Advisor Business Is Our Business': DFA Co-ChiefThe firm added ETFs to meet advisor demand, not to pivot to retail, Dave Butler tells ThinkAdvisor.
July 27, 2021
Financial Planning Boosts Client Satisfaction: StudyThe study also finds that clients are more likely to recommend an advisor who talks to them about values.
July 26, 2021
Wells Fargo Asset Management to Change Name, CEOThe changes are part of GTCR and Reverence Capital Partners' $2.1 billion purchase of the business.
July 23, 2021
Vanguard Names a College President to Its BoardDavid A. Thomas, who has a Ph.D. in psychology, is president of Morehouse College.