Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Beware of Index Funds' Dominance: Author
By Jane Wollman RusoffRobin Wigglesworth says BlackRock, Vanguard and State Street could someday control most voting shares of the world's largest firms.
November 03, 2021
Direxion Pulls Filing for ETF That Would Bet Against BitcoinThe application for the Direxion Bitcoin Strategy Bear ETF was made on Oct. 26; SEC staff requested it be withdrawn the same day.
November 02, 2021
Schwab to Launch First ESG, Active ETFThe Schwab Ariel ESG ETF will be semi-transparent and invest in small- and mid-cap stocks screened for ESG factors.
November 01, 2021
Franklin Templeton to Buy Lexington Partners for $1.75BThe firm wants to expand into private equity as its actively managed funds business struggles.
October 28, 2021
T. Rowe Price to Buy Debt-Investment Firm for $4.2BThe fund firm has agreed to acquire Oak Hill Advisors to expand into private debt investing.
October 27, 2021
Meet the Winners: LUMINARIES in Executive Leadership, 2021 — Products, Programs & ServicesHere are the programs, products and services being honored for driving the financial industry forward.
October 27, 2021
Meet the Winners: LUMINARIES in Executive Leadership, 2021 — FirmsHere are the firms being honored for driving the financial industry forward in executive leadership.
October 27, 2021
Meet the Winners: LUMINARIES in Executive Leadership and Dealmaking & Growth, 2021We're pleased to highlight the advisors, broker-dealers, RIAs and others being honored this year in our pioneering recognition program.