Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
How Wall Street Gets Rich Off Savers
By Noah SmithA recent study on investment consultants to retirement plans should give the industry pause.
August 09, 2017
Pimco, T. Rowe Price Warn Investors: ‘Time to Reduce Risk’Pimco says elevated prices leave "little room for error"; T. Rowe Price cut stock allocation to lowest level since 2000.
August 08, 2017
Gundlach, Wary of Pricey Market, Sets Cap on DoubleLine’s GrowthHe's also reducing his funds' holdings of junk bonds and emerging market debt because he says they're overvalued.
August 04, 2017
20 Biggest Foundations Governed by ‘Coastal Elite’The leaders of big foundations tend to be far removed from the lives and struggles of average Americans, the Chronicle of Philanthropy reports.
August 04, 2017
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat UpFund giant will continue pushing fees down as it grows: Were going to do it across every product, incoming CEO says.
August 03, 2017
Invesco in Talks to Buy Guggenheim ETFs: ReportsThe deal could push Invesco PowerShares, now the fourth-largest ETF player, over the $160 billion asset mark.
August 02, 2017
LPL Shares Q2 Recruiting Update, Sees Less DOL-Related UncertaintyCEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
July 31, 2017
How Edelman Keeps Its Clients Happy (Without Cutting Fees)Edelman Financial's clients range from middle-income to high-net-worth, and fees are 2% for some. CEO Ryan Parker discusses the two keys to the firms growth.