Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
SEC Bars Ex-Pimco CEO Hodge Over College Admissions Scam
By Jeff BermanThe sanction comes more than a year after the executive was sentenced to nine months in prison for his actions.
August 04, 2021
Vanguard Offers $1,000 to Employees to Get Vaccinated by OctoberVanguard rival BlackRock recently adjusted its plans, prohibiting unvaccinated employees from entering U.S. offices starting in July.
August 02, 2021
Brandywine Global Acquires Diamond Hill High Yield Bond FundsThe deal involves the $2.3 billion Diamond Hill Corporate Credit Fund and the $1.1 billion Diamond Hill High Yield Fund.
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.