Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Dimon Would Shut Down Crypto If He Had Government Role
By Katherine Doherty"If I was the government, I'd close it down," the JPMorgan Chase CEO said at a Senate hearing Wednesday.
December 05, 2023
Tom James to Leave Raymond James' BoardHe will keep an office at the firm's headquarters "and continue in several advisory roles," the bank says.
December 05, 2023
JPMorgan Retained 90% of First Republic Clients After TakeoverOne executive said the bank should hit its "integration milestones" and expects to "outperform the deal model."
December 04, 2023
Here's What Life and Annuity Issuers Spend on Investment CostsIndividual insurers' expenses range from less than 0.1% to more than 0.4% in data presented to state regulators.
December 04, 2023
Stock Bulls Likely Headed for a Letdown: Bob DollThe veteran prognosticator expects economic and market factors to limit equities' running room.
December 01, 2023
Fidelity Customers Face Issues With Trading Site, AppsThe investment firm acknowledged issues with its mobile apps, trading platform and website.
December 01, 2023
Northwestern Mutual Launches 'Signature' Portfolio Models for Young InvestorsThe new line offers five varieties based on investors' risk tolerance, ranging from conservative to very aggressive.
November 30, 2023
KKR Agrees to Pay $2.7B for Full Control Over Annuity IssuerThe asset manager wants Global Atlantic, a major issuer of fixed annuities, to help grow private wealth sales.