Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
8 Tax-Loss Harvesting Tips for 2024
By John ManganaroLoss harvesting benefits from an always-on mentality, so be ready to take potential action early next year.
December 14, 2023
Blackstone Goes All-In on Taylor Swift FandomFor its yearly holiday video, the private equity firm goes all-in on its infatuation for the singer and songwriter.
December 14, 2023
Citigroup Offers Partial Early Bonuses to Encourage Staff DeparturesAlong with the bonus awards, employees who accept the offer could also keep all of their deferred stock awards.
December 14, 2023
UBS Intensifies Cash Clawback From Credit Suisse DefectorsThe bank's law firms are threatening legal action if the required amounts, estimated at under $750 million, aren't returned.
December 13, 2023
S&P 500 Extends Gain After Powell's RemarksFed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
December 13, 2023
Fed Pivots to Rate Cuts as Inflation Heads Toward 2% GoalChair Jerome Powell indicated policymakers are now turning their focus to when to cut rates as inflation cools.
December 12, 2023
Why Some Financial Firms Are Wary of AICompanies face hurdles in using generative artificial intelligence, according to a recent EY survey.
December 12, 2023
Wall Street Bracing for Wednesday's Fed DecisionToday's inflation report was "a little bit of a 'mood dampener'," said strategist Seema Shah of Principal Asset Management.