Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
S&P 500 Closes at Record High Ahead of Holiday
By Rita NazarethThe index rose to around 5,535, notching its 33rd record in 2024, on bets Fed policy easing will keep fueling Corporate America.
July 02, 2024
WisdomTree Unveils Portfolio Solutions for AdvisorsThe service is intended to help advisors manage and implement asset allocation decisions, among other features.
July 01, 2024
Stocks Trade 24/7 on Robinhood. Should NYSE, Nasdaq Follow Suit?Here's a breakdown of what's behind the growing demand for after-hours trading and whether regulators might approve such a move.
July 01, 2024
Ex-Billionaire Gets 7 1/2-Year Sentence for Defrauding Investors Goldman, GoogleRishi Shah, who sold ads on TVs in doctors' offices, was convicted of over a dozen fraud and money laundering charges last year.
July 01, 2024
BlackRock Enters Booming Market for Stock ETFs With a 100% HedgeUsing options, its new ETF offers upside exposure to the S&P 500 of up to 10.6% and hedges any downside over a 12-month period.
July 01, 2024
BlackRock Buys Preqin for $3.2B in Private Assets PushThe deal deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets.
June 28, 2024
Vanguard Warns Clients to Hang Up and Log In, Or ElseThe firm is cracking down on heavy users of phone support. Is that fair?
June 28, 2024
S&P 500 Rally Hits a Wall at End of Banner QuarterStocks are heading into the second half having gained about 15% this year.