Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock Moves to Add Bitcoin Futures to 2 Funds
By Bernice NapachSEC filings say its Strategic Income Opportunities Portfolio and Global Allocation Fund can each invest in the cryptocurrency's futures.
December 17, 2020
Vaccine Hopes Spark Fund Managers' Optimism: BofAInvestors are underweight cash for first time in more than seven years, Bank of America reports.
December 15, 2020
Vanguard Total Stock Market Index Fund Becomes World's Only Trillion-Dollar Stock FundAssets of the fund, which has both a mutual fund and an ETF share class, reached $1.035 trillion as of Nov. 30.
December 15, 2020
Gundlach to Co-Manage New FundThe DoubleLine Multi-Asset Trend Fund will seek to match the performance of the BNP Paribas Multi-Asset Trend Index.
December 07, 2020
Why Investors May Support Bitcoin's Polarizing RallyBitcoin began December by hitting a record just shy of $20,000. Proponents argue it's muscling in on gold as a portfolio diversifier.
December 07, 2020
Goldman Plans to Move Asset Managers From New York to This StateThe deliberations at the Wall Street icon, often a trendsetter for the industry, are aimed at cutting costs.
December 04, 2020
Who Withdrew $7B From Vanguard Fund?The outflow from the $172 billion Vanguard S&P 500 ETF (VOO) represents about 4% of the fund's assets, says Bloomberg.
November 30, 2020
Group Calls for Limiting Power of BlackRock, Vanguard & State Street"Outsized footprint" of Big Three "poses new issues" for U.S. economic competitiveness and financial market stability, says American Economic Liberties Project.