Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
VanEck Launches First Sustainable Muni ETF
By Amanda AlbrightThe fund, managed by Jim Colby and Stephanie Wang, adds to VanEck's current muni ETF lineup, which has $7 billion in assets.
September 09, 2021
Janus Henderson Enters Crowded ESG Field With Five Active ETFsThe estimated expense ratios for the funds range from 0.35% to 0.60%.
September 09, 2021
How to 'Really Advance' Diversity in Financial Services: Northern Trust's Thomas"We have to push past the conversations about all the reasons we can't find the diverse professionals we want," says Shundrawn Thomas, president of Northern Trust Asset Management.
September 07, 2021
State Street Buying Brown Brothers' Unit for $3.5BState Street and the BBH unit had combined assets under custody of about $37 trillion as of June 30 versus $45 trillion for BNY Mellon.
September 07, 2021
Wall Street Is Back — Just Not the Way Execs Had HopedWall Street's five largest banks aim to stick by plans to open buildings to more staff, but smaller rivals have balked.
September 01, 2021
Vanguard's Chief Information Officer Is RetiringJohn Marcante has been "a pivotal leader of Vanguard's High Net Worth and Advice client groups," according to the company.
August 31, 2021
Wall Street Vaccination Policies: What 9 Firms Are RequiringUpdated CDC guidance and rising infection rates due to the delta variant have prompted more firms to institute mandates.
August 31, 2021
Fidelity to Hire 9,000 WorkersThe latest hiring push is its third in less than a year, reflecting an investing boom that has lifted the entire trading industry.