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's Latest ETF Launch Is the Biggest Ever
By Bernice NapachThe new fund pulled in $1.25 billion in assets, more than any other ETF debut in history.
April 07, 2021
Fidelity to Hire 1,000 Financial Planners in 2021The firm also plans to add 3,000 other employees, including data scientists and customer service reps.
April 06, 2021
Fidelity, Other Investment Firms Form Crypto Lobbying GroupThe Crypto Council for Innovation also includes Coinbase, Square and Paradigm.
April 06, 2021
Schwab Plans First Actively Managed ETFAriel Investments is the subadvisor of the non-transparent ESG ETF and in charge of its day-to-day portfolio management.
April 05, 2021
U.S. ETF Inflows Set New Record in First QuarterAt the current rate of inflows, ETFs might draw about $950 billion in 2021 — nearly double 2020's record $505 billion, says the head of SPDR Americas Research.
April 05, 2021
Grayscale Plans to Convert Bitcoin Fund to ETFThe regulatory environment will drive the timing of the conversion, according to the firm.
April 01, 2021
Carson Group, BlackRock Help Launch Diversity-Focused EffortFinServ Foundation, led by Jamie Hopkins, is focused on the support of mentoring, leadership and internship programs for college students.
March 29, 2021
Cathie Wood's Ark to Launch Space Exploration ETF TuesdayThe ARK Space Exploration & Innovation ETF (ARKX) is the firm's first ETF launch in two years.