Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman's Solomon Says Market Greed Is Now Outpacing Fear
By Francine Lacqua and Denise WeeIf interest rates move up that "will take some of the exuberance out of certain markets," Goldman Sachs' CEO said.
November 12, 2021
What's in an Investor's Best Interest? Depends on Who You Ask: Dalbar"Best interest" as defined by advisors is not in sync with investors' priorities, the analysis found.
November 05, 2021
Beware of Index Funds' Dominance: AuthorRobin Wigglesworth says BlackRock, Vanguard and State Street could someday control most voting shares of the world's largest firms.
November 05, 2021
SEC to Update Electronic Filing RequirementsSEC commissioners unanimously approved the amendments, which are subject to 30 days of public comment after publication.
November 03, 2021
Krull Challenges Advisors to Embrace SRI"Advisors don't have to be experts" in sustainable investing, he tells ThinkAdvisor. "They just have to understand it."
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BitcoinThe application for the Direxion Bitcoin Strategy Bear ETF was made on Oct. 26; SEC staff requested it be withdrawn the same day.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.