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 CEO Larry Fink Sees Potential for 'Big Shock' From Inflation
By Annie MassaHe says many investors are underestimating a potential spike in inflation because over the last 30 years they've only seen inflation decline.
May 27, 2021
BlackRock and Vanguard Played Key Roles in Exxon's Shareholder Proxy VoteBoth fund companies voted for a portion of a dissident slate of nominees to Exxon's board. Two of them won.
May 26, 2021
Fidelity Introduces New Educational Program for AdvisorsThe Wealth Advisory Institute was developed by Fidelity and features insights and resources from it and other asset managers.
May 26, 2021
Woman in NYC Birdwatcher Case Sues Franklin Templeton in FiringIn an incident that went viral, Amy Cooper called the police on a Black birdwatcher in Central Park in May 2020.
May 26, 2021
Putnam Launches Its First ETFsThe four actively managed semi-transparent equity ETFs are similar to four actively managed Putnam mutual funds.
May 25, 2021
Onramp Invest Launches Crypto Platform for RIAsInitial investors include Ritholtz Wealth Management. But challenges remain, including reluctance among advisors' insurance carriers, Onramp's CEO says.
May 25, 2021
Envestnet, Investment Advisor Announce 2021 Asset Manager and Strategist of the Year FinalistsThe 17th annual Asset Manager and Strategist of the Year Awards recognize active managers in fixed income and other categories.
May 24, 2021
T. Rowe Cuts Fees on TDFs, Plans New LineupThe resulting asset-weighted average fee reduction is 6.3 basis points for its TDFs and 4.8 basis points for TDF trusts.