Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Invesco Fires Next Shot in Fee War With Funds Charging Nothing (for Now)
By Claire BallentineTwo new ETFs have management costs waived until mid-December.
June 02, 2021
Firm That Took On ExxonMobil Files for 2 ETFsThe ETFs will use proxy voting guidelines to encourage better corporate behavior.
June 01, 2021
Vanguard to Change Benchmarks for 3 Stock Dividend FundsVanguard will be switching benchmarks from Nasdaq indexes to S&P indexes in the third quarter of this year.
May 27, 2021
BlackRock and Vanguard Played Key Roles in Exxon's Shareholder Proxy VoteBoth fund companies voted for a portion of a dissident slate of nominees to Exxon's board. Two of them won.
May 26, 2021
Fidelity Introduces New Educational Program for AdvisorsThe Wealth Advisory Institute was developed by Fidelity and features insights and resources from it and other asset managers.
May 26, 2021
Woman in NYC Birdwatcher Case Sues Franklin Templeton in FiringIn an incident that went viral, Amy Cooper called the police on a Black birdwatcher in Central Park in May 2020.
May 26, 2021
Putnam Launches Its First ETFsThe four actively managed semi-transparent equity ETFs are similar to four actively managed Putnam mutual funds.
May 25, 2021
Onramp Invest Launches Crypto Platform for RIAsInitial investors include Ritholtz Wealth Management. But challenges remain, including reluctance among advisors' insurance carriers, Onramp's CEO says.