Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
'It's Not My Money': CEO Fink Explains Why BlackRock Still Invests in Fossil Fuels
By Bernice NapachFink also told a Morningstar virtual conference that he doesn't expect all the firm's employees to return to the office.
September 11, 2020
World's Top 20 Biggest Wealth ManagersADV Ratings ranked the firms, including all four wirehouses, by assets under management.
September 08, 2020
Bank of America Wants More Diversity on Its Investment PlatformThe bank is enhancing initiatives to encourage racial and gender diversity in asset managers and their investments.
September 08, 2020
Merrill Cracks Down on Third-Party FreebiesThe bank's nearly 17,900 advisors can no longer accept free golf games or many meals from product and service providers.
August 26, 2020
World's Top 20 Biggest Asset Managers: 2020Here are the firms with the most assets under management, according to ADV Ratings.
August 21, 2020
Investors With Both 401(k) and IRA Save More Over Time: StudyAn EBRI study of millions of accounts shows how leakage and account closures are negatively related to total retirement savings.
August 19, 2020
Fund Managers Are Most Bullish Since February: BofAThe same day the finding was released, the S&P 500 closed at an all-time high.
August 18, 2020
Fidelity's Assets Hit $3.3T on Trading SurgeThe firm says it has added 2,000 employees, including financial consultants, as investors jump into the markets.