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 Investors May Support Bitcoin's Polarizing Rally
By Joanna OssingerBitcoin began December by hitting a record just shy of $20,000. Proponents argue it's muscling in on gold as a portfolio diversifier.
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.
November 28, 2020
What's Firing Up Wall Street's $300B Custom-Index Boom?The real selling point for direct indexing could be the ability to remove companies from a portfolio's exposure rather than add them.
November 24, 2020
What BlackRock's Latest Deal Means for Rivals, Advisors"It's no surprise the biggest players are rushing in to buy these [direct indexing] capabilities to protect their turf," says consultant Tim Welsh.
November 23, 2020
BlackRock to Buy SMA, Custom Index Shop for $1.05BThe news comes about six weeks after Morgan Stanley agreed to buy Eaton Vance — which includes direct indexer Parametric.
November 18, 2020
Fund Managers' Growth Expectations Hit 18-Year High: BofAInvestors are in their most bullish mood of the year, the bank's monthly fund manager survey finds.
November 13, 2020
Schwab Closing In on $6T in AssetsWith the TD Ameritrade deal completed, Schwab is catching up to other industry giants like Vanguard, BlackRock and Fidelity.
November 06, 2020
Top Asset Managers in 10 Categories, Ranked by Advisors — J.D. Power, 2020Advisors rated the firms on factors including trustworthiness, research and ease of doing business.