Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Luminaries 2024 Nominations Are Now Open
By Janet LevauxOur expanded recognition program will accept nominations until July 17. There's no cost to participate.
June 10, 2024
S&P 500 Could Sink 8% Without Fed Cut: RBCInvestors remain too optimistic about the timing of a Federal Reserve interest-rate cut, say the bank's capital markets strategists.
June 07, 2024
Wealthy Families Fuel $20B Private Equity Buyout WaveThey've made a mark on Wall Street as go-to sources of capital for investment firms like KKR & Co. and Silver Lake.
June 06, 2024
Citizens CEO Plots a Continued Expansion of Wealth BusinessesSince last year, the bank has hired some 220 private bank employees and Morgan Stanley wealth veteran Paul Casey.
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.