Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
AIG raises $500 million selling AerCap stock to exit stake
By Sonali BasakAIG had been seeking to exit plane leasing since 2008, the year it took a U.S. bailout.
August 06, 2015
Huge Turnover of 401(k) Plans Possible in 2016Providers of 401(k) plans will need to be prepared to defend their work many plan sponsors are doing formal reviews next year, Cogent reports.
August 05, 2015
LPL Posts Higher Q2 Earnings, Flat RevenueThe IBD had lower regulatory costs, but sales commissions slowed in the three months ending June 30.
July 22, 2015
Exchange-Traded Assets Edge Past Hedge Fund Assets in Q2For the first time, there is more money invested in ETFs and ETPs than in hedge funds, ETFGI reports.
July 21, 2015
TD Ameritrade Tops Estimates, Cites ‘Breakaway Brokers’ as a FactorCEO Fred Tomczyk is upbeat on the attractiveness of the firms institutional platform and its sales pipeline.
July 16, 2015
Schwab Posts First Robo Results; Q2 Earnings Beat EstimatesThe brokerage firm rolled out automated advice offerings for investors and advisors this year.
July 15, 2015
Portugal Struggles Against Austerity, DebtIf there’s one country keeping a close eye on what’s happening these days in Greece, it is Portugal.Bailed out by the European Union and the…
July 14, 2015
Investors Stampede to Cash on China Concerns, BofA Merrill Survey FindsEuropean stocks seen as more attractive in July fund manager survey.