Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Fidelity Adds More Target Allocation Mixes to Model Portfolio Lineup
By Bernice NapachThe new model portfolio stock allocations range from 10% to 100% with the remainder, if any, in fixed income.
July 09, 2021
Fidelity Files for 4 New Thematic ETFsThe ETFs will invest in clean energy, cloud computing, digital health, and electric vehicles and future transportation.
July 08, 2021
SEC Mulls More Disclosure for ESG FundsThere's "a huge range of what asset managers might mean by certain terms or what criteria they use," Chairman Gensler says.
July 08, 2021
DFA Plans Its First Bond ETFsThe firm is planning four bond ETFs — two investment grade, one TIPS ETF and one municipal fund.
July 07, 2021
China No Longer an Emerging Market: BlackRockBlackRock has broken away from most other asset managers by declaring China a standalone allocation.
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.