Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
El-Erian Says Fed's High Rates Are at Odds With Market
By Carter Johnson & Nazmul Ahasan"As they are doing the U-turn and stay higher for longer, the market is going the other way," the economist said.
May 16, 2024
Next Vanguard CEO Sees Millions of Potential New Clients in U.S.Salim Ramji told the Financial Times he sees opportunities to scale but expressed commitment to John Bogle's mission.
May 16, 2024
Dow Trades Near Historic 40,000 MarkThe oldest of the three main stock indexes is rising on prospects of a resilient economy, ebbing inflation and robust earnings.
May 16, 2024
Buffett's Berkshire Reveals $6.7B Stake in Insurer ChubbThe conglomerate has been building the stake since 2023, and the SEC allowed Berkshire keep it confidential.
May 15, 2024
Vanguard's CEO Choice Raises Questions on Firm's Future Path"Ramji will have to prove himself ... but I'm optimistic about the appointment," newsletter editor Jeff DeMaso says.
May 14, 2024
Vanguard Names Former BlackRock Exec as Next CEOIt marks the first time an outsider has been tapped to lead the firm in its 50-year history.
May 14, 2024
More Advisors Plan to Recommend Crypto: SurveyThe advent of spot bitcoin ETFs and a surge in price are piquing advisor interest, Ric Edelman says.
May 13, 2024
Why Goldman Bought, and Sold, United CapitalExecutives thought they could best serve RIAs by buying one. The reality was not what they expected.