Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Vanguard: Now's the Time for TIPS
By Allison BellTreasury Inflation-Protected Securities can also serve as a hedge against volatility, says the firm's head of rates.
April 22, 2024
S&P 500 Tops 5,000 With Big Tech 'Calling the Shots'Nvidia led gains, while Apple was named a top pick for 2024 by BofA on optimism over its upcoming results.
April 22, 2024
DOL to Release Final Fiduciary Rule Tuesday: ReportActing Labor Secretary Julie Su is set to announce the final regulation at 5 p.m., says the American Retirement Association.
April 19, 2024
Merrill Adds $3.5B Team in FloridaThe 12-person group joins from JPMorgan Wealth Management through that bank's purchase of First Republic.
April 19, 2024
Fed's Powell Rethinks Rate Cuts in 2024Facing tough inflation data, the Federal Reserve chair's lack of urgency to adjust rates echoes that of his colleagues.
April 19, 2024
'Mag 7' Get Crushed to Lead Losses in StocksThe S&P 500 fell below 5,000, following hawkish Fedspeak, a flare-up in inflation and tensions in the Middle East.
April 19, 2024
Buying This Dip Is Better Than Cash: BNY Mellon Wealth CIOSinead Colton Grant expects the rally to broaden based on strong earnings growth and economic momentum.
April 19, 2024
15 Top Wealth-Destroying Stocks of the Past 10 Years: MorningstarThese market laggards torched an estimated $281.2 billion in shareholder money, portfolio strategist Amy Arnott writes.