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 Launches Another Active ETF, Its First Preferred Securities Product
By Bernice NapachThe Fidelity Preferred Securities & Income ETF (FPFD) has a 0.59% expense ratio.
June 15, 2021
Trendspotter: Why Many New ETFs Look So Familiar to Mutual Fund InvestorsAs ETF demand climbs, fund companies are creating ETF clones of their mutual funds or converting them to ETFs entirely.
June 14, 2021
Invesco Fires Next Shot in Fee War With Funds Charging Nothing (for Now)Two new ETFs have management costs waived until mid-December.
June 11, 2021
State Street Launches Digital Asset UnitState Street Digital builds on the firm's current digital capabilities and will include cryptocurrency, blockchain and tokenization.
June 02, 2021
BlackRock CEO Larry Fink Sees Potential for 'Big Shock' From InflationHe says many investors are underestimating a potential spike in inflation because over the last 30 years they've only seen inflation decline.
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.