Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Jackson Nabs Fidelity's Compliance Chief
By Phillip BantzCarrie Chelko joins the annuity provider as an EVP and will become its compliance chief after the demerger with Prudential on Sept 13.
August 11, 2021
Fidelity's Assets Top $11T as New Retail Accounts Jump 39%: Q2 EarningsThe firm's latest results included a 26% year-over-year jump in assets under management to $4.2 trillion.
August 09, 2021
SEC Bars Ex-Pimco CEO Hodge Over College Admissions ScamThe sanction comes more than a year after the executive was sentenced to nine months in prison for his actions.
August 09, 2021
25 Top Foreign-Stock Funds: MorningstarSusan Dziubinski's latest roundup includes offerings from American Funds, DFA, Oakmark, Vanguard and others.
August 05, 2021
BlackRock, Wells Fargo Delay Return to Office on Delta ConcernsWells Fargo has resumed a rule that employees now working in offices wear masks, regardless of their vaccination status.
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.