Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Why Family Offices Are in SEC's Crosshairs
By Melanie WaddellIndustry officials weigh in on the Archegos meltdown, along with a review of a family office rule that's already on the regulatory agenda.
April 21, 2021
Putnam Names Next Head of Institutional ManagementKaitlin M. May will take over on July 1, when current head Jeffrey L. Gould retires.
April 14, 2021
Financial Firms, CEOs Assert Americans' Right to Vote in New York Times AdAmong the signatories were Mellody Hobson and John W. Rogers, Jr., the co-CEOs of Ariel Investments, Warren Buffett and BlackRock CEO Larry Fink.
April 12, 2021
Credit Suisse Denies Rumors About Selling Asset Management UnitBlackRock and State Street would not comment on speculation that they were interested in purchasing the unit.
April 12, 2021
BlackRock's Latest ETF Launch Is the Biggest EverThe new fund pulled in $1.25 billion in assets, more than any other ETF debut in history.
April 12, 2021
Ameriprise to Buy BMO UnitThe deal is expected to give Ameriprise an additional $124 billion of AUM.
April 07, 2021
Vanguard Launches Its First Active Bond ETFIn addition, State Street launches a passive emerging markets bond ETF.
April 07, 2021
Fidelity to Hire 1,000 Financial Planners in 2021The firm also plans to add 3,000 other employees, including data scientists and customer service reps.