Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Schwab Profits Up 36% in Q1 as Assets Flow Into ETF, Robo Platforms
By Janet LevauxThe firm says its ETF OneSource and Intelligent Portfolios have seen significant increases in recent months; RIA assets at $1.18 trillion.
April 08, 2016
Blackstone to Shut Mutual Fund After Fidelity Pulls OutBlackstone Group LP, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers.
April 06, 2016
Asset Managers Drowning in Data: Northern TrustAsset managers are awash in new data, but few are reaping tangible benefits from it, according to research findings released this week by Northern Trust.
March 25, 2016
Know your client: Asset managers boost digital investmentsNearly 6 in 10 large asset managers expect to increase spending over the next 12 months on CRM solutions.
March 25, 2016
Know your client: Asset managers boost digital investmentsNearly 6 in 10 large asset managers expect to increase spending over the next 12 months on CRM solutions.
March 17, 2016
The Dow is now positive for the yearIt's like the first six weeks of 2016 never happened.
March 10, 2016
Corporate Pensions’ Funded Status Down Again in February: BNY MellonU.S. corporate defined benefit plans funded status tumbled again, falling to 78.7%, according to the BNY Mellon Institutional Scorecard.
February 26, 2016
Aflac triples Japan equity wagers to counter low interest ratesThe Bank of Japan's negative-interest rate strategy has squeezed bond holdings.