Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Goldman Gives Managers a Choice: Dallas, Salt Lake City or Leave
By Todd Gillespie and Sridhar NatarajanThe push aims to drive down costs and tap a pipeline of talent emerging in these regions.
March 04, 2025
Citi Copy-Paste Error Almost Sent $6B to Wealth AccountThe error occurred in the same month that the bank accidentally credited $81 trillion to a different client.
February 24, 2025
Wamco Names 4 Deputy CIOs After $120B in OutflowsThe firm seeks to emphasize a team approach after criminal charges against former star trader Ken Leech.
February 24, 2025
Equitable Agrees to Reinsure 75% of $32B in Individual Life Policies With RGAEquitable plans to handle policyholder relations and continue to write some life insurance.
February 21, 2025
Vanguard's VOO Overtakes State Street's SPY as World’s Biggest ETFThe Vanguard S&P 500 ETF has raked in some $23 billion so far in 2025.
February 20, 2025
BlackRock Is Out to Unite Public and Private MarketsLast year, the fund giant went on the biggest deal spree in the history of “alternative” asset management.
February 19, 2025
The Big Retirement Risk Most Advisors' Models MissMany of today's retirees could outlive the timeframe of typical financial planning assumptions, Dunham's Salvatore Capizzi warns.
February 18, 2025
Fidelity Assets Near $6T as Revenue Jumps to RecordThe world’s third-largest asset manager saw assets in its funds rise by $1 trillion over the past year.