Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
UBS Plans $2B of Share Buybacks
By Myriam BalezouSince closing its takeover of Credit Suisse, the wirehouse has outlined targets for the integration, including $13 billion in cost savings.
April 01, 2024
Crash or Soar? Investors Get Ready for Stock Market ExtremesThe S&P 500 gained 10% in the first quarter, but there's growing concern that an unpriced risk could knock the bull market off its feet.
March 29, 2024
Morgan Stanley's ETFs Break $1B With Fund ConversionsFidelity, DFA, JPMorgan and other firms have switched billions of dollars between the two fund types over the past three years.
March 28, 2024
Bankman-Fried Sentenced to 25 Years in Prison Over FTX CollapseHe faced as long as 110 years behind bars after being convicted last year of seven offenses, including fraud and conspiracy.
March 28, 2024
UBS Pays CEO $15.9MSergio Ermotti returned to the post last April, after the bank said it was rescuing its former rival Credit Suisse.
March 26, 2024
6 Predictions for Stocks, Inflation, Economy in 2024With stock valuations high and inflation staying sticky, here's what investment firms and strategists are expecting.
March 26, 2024
Here's How Much 9 Investment Firm CEOs Were Paid in 2023We looked at CEO compensation at Wells Fargo, Morgan Stanley, JPMorgan and others.
March 26, 2024
BlackRock's Fink Calls on Boomers to Fix 'Retirement Crisis'"It's no wonder younger generations, millennials and Gen Z, are so economically anxious," Fink wrote in an investor letter.