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 Could Sink 8% Without Fed Cut: RBC
By Sagarika JaisinghaniInvestors remain too optimistic about the timing of a Federal Reserve interest-rate cut, say the bank's capital markets strategists.
June 05, 2024
Envestnet Launches Custom Strategies With 4 Big Asset ManagersBlackRock, Fidelity, Franklin Templeton and State Street Global Advisors will become partners in offering solutions for wealthy clients.
June 04, 2024
BNY Mellon, Pershing Launch Integrated Services at Insite ConferenceThe bundled offering aims to deliver comprehensive investment solutions to advisors, says distribution executive David DiPetrillo.
June 04, 2024
Fidelity Puts Pay-to-Play Pressure on ETF IssuersThe firm wants deals giving it 15% of fund revenue or it may charge investors a $100 fee.
June 03, 2024
TD Bribery Woes Spread to Florida as New Allegations SurfaceA now ex-bank branch worker near Miami allegedly took a series of $200 bribes to help clients move millions to Colombia.
June 03, 2024
The 4 Client Segments Driving Advisors' Future GrowthThese groups have varying views on professional advice but share the same top financial goal, State Street finds.
June 03, 2024
12 Ways to Nudge Clients to CommitAdvisors need to create a sense of urgency, while prospects need to be presented with the best options.
June 03, 2024
Vanguard Shakes Up Explorer Value Fund TeamVanguard plans to raise the fund's expense ratio but says it remains inexpensive compared with similar funds.