Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Asset Managers Ignore DOL Proposal to Limit ESG Assets in Retirement Plans
By Bernice Napach"The regulation is not slowing down marketing and distribution efforts promoting DC-focused ESG products," according to Cerulli.
September 29, 2020
How College Endowments Invest for the FutureThese funds behave as long-term investors, typically investing countercyclically, new research on top universities shows.
September 24, 2020
Advisors Expect More From Asset Managers in 'New Normal'Many advisors say they've changed their ways during the pandemic but asset managers haven't caught up, a Broadridge survey finds.
September 21, 2020
10 Biggest U.S. Banks: 2020These are the U.S.-based banks with the most assets, according to ADV Ratings.
September 17, 2020
'It's Not My Money': CEO Fink Explains Why BlackRock Still Invests in Fossil FuelsFink also told a Morningstar virtual conference that he doesn't expect all the firm's employees to return to the office.
September 16, 2020
Most Fund Managers Say Recession Is Over: BofAFour in five fund managers expect global growth over the next 12 months, the highest level in 17 years, according to BofA's monthly survey.
September 15, 2020
Schwab Warns of Weaker Q3 Results Due to Low Interest RatesThe firm posted a 21% rise in assets from a year ago in August but warned that low rates would pressure its net revenue.
September 11, 2020
World's Top 20 Biggest Wealth ManagersADV Ratings ranked the firms, including all four wirehouses, by assets under management.