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 Mulls More Disclosure for ESG Funds
By Bernice NapachThere's "a huge range of what asset managers might mean by certain terms or what criteria they use," Chairman Gensler says.
July 06, 2021
Managed Account Assets Are Exploding: Cerulli AssociatesThey grew 41.6% in the first quarter from a year ago to a record $9.2 trillion.
July 02, 2021
Vanguard's Quant Equity Group Losing 2 Key ManagersJames Stetler is retiring after 39 years; Binbin Guo is leaving after 14 years.
July 02, 2021
Schwab's Former Headquarters Now on the MarketSchwab will keep its offices in the San Francisco building through April 2028, despite moving its base to Texas in January.
July 02, 2021
Schwab Taking $200 Million Charge for SEC Robo-Advisor ProbeThe compliance inquiry relates to past disclosures around the firm's Schwab Intelligent Portfolios product.
June 29, 2021
Goldman Plans New Dallas Campus, Extending Bet on Hub in TexasEarlier this year, Schwab relocated its headquarters to the Dallas suburb of Westlake, where Fidelity has a campus.
June 28, 2021
Cathie Wood's Ark Files for Bitcoin ETF as Wait for SEC Goes OnThe ARK 21Shares Bitcoin ETF would track the cryptocurrency's performance and hold Bitcoin, too, says a filing.
June 28, 2021
Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts ComebackInflows are picking up, as her flagship fund has gained 26% since its May low. Can she keep it going?