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 Raymond James Grabbed a $2.9B Merrill Team
By Janet LevauxThe long-time Merrill reps say they needed a flexible platform and low-cost funds to compete.
November 10, 2015
Corporate pension funded status gained in OctoberThe latest Pension Funding Index from consulting and actuarial firm Milliman shows some gains during October, but not much.
November 06, 2015
Cerulli sees 2,500 percent jump in robo assets in next 5 years"Low-minimum, low-cost portfolios, coupled with consumers expanding interest in passive investing will fuel this growth," Cerulli's Tom O'Shea says.
November 04, 2015
Cerulli Sees 2,500% Jump in Robo Assets in Next 5 Years"Low-minimum, low-cost portfolios, coupled with consumers expanding interest in passive investing will fuel this growth," Cerulli's Tom O'Shea says.
November 03, 2015
DCIO market is growing, but asset managers face challengesThe report forecasts that the market for DCIO assets will constitute just over half (51 percent) of the DC market by 2020.
October 30, 2015
What’s Behind LPL’s Lackluster Earnings?CEO Mark Casady and others explain what's hurting the IBD's earnings and what could help turn them around.
October 29, 2015
Q3 ETF Assets Up 7.2% From Year Ago: BroadridgeDuring the same period, long-term mutual fund assets from third-party distributors declined by $156 billion, or 2%.
October 27, 2015
TD Ameritrade Meets Q3 Earnings Expectations, Boosts SalesThe brokerage firm now has about $667 billion of client assets, $156 billion of which are in fee-based accounts.