Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard Launches Two New ETFs
By Dinah Wisenberg BrinThe new Treasury ETFs have short durations and should provide low volatility, the asset manager says.
February 05, 2025
Pimco’s Ivascyn Embraces Trump-Driven Bond Market VolatilityHis approach has helped the Income Fund rally in the past three months, beating 96% of rivals.
February 05, 2025
Vanguard’s Record Fee Cuts Put BlackRock, Invesco in a Tough SpotShould they follow suit and potentially lose revenue, or hold the line and risk losing badly needed market share?
February 04, 2025
Franklin Resources Cuts 3% of WorkforceThe $1.6 trillion money manager is consolidating operations after clients of its Western Asset unit redeemed $120 billion.
January 31, 2025
Blackstone Sees Trillions From Rich Flowing to Private MarketsThe firm's private wealth unit, launched in 2011, now manages over $250 billion for individual investors.
January 31, 2025
Investors Hit Fidelity With FINRA Claim Over Advisor Accused of Losing $11MFidelity missed red flags when an advisor made risky trades on its platform, according to an arbitration claim.
January 29, 2025
What Vanguard's New Advice Unit Could Mean for Clients: MorningstarIt remains to be seen whether investors will take to Vanguard's stepped-up advice efforts, an analyst says.
January 22, 2025
Widows Will Inherit $51 Trillion in Great Wealth Transfer: CerulliWith so much money poised to be passed on to women, advisory firms should address gender service gaps.