Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Elite Wall Street Firms, Advisors Are Swapping SMAs for ETFs
By Justina LeeThe aim is to exploit the famous tax efficiency of the ETF wrapper, which means funds rarely incur capital gains tax.
October 09, 2023
Why the S&P 500 May Have Peaked for 2023: Bob Doll"It is difficult to build a bullish narrative," Crossmark Global Investments' Doll says.
October 06, 2023
Goldman Set to Start Work on $500M Texas CampusThe investment bank's move is part of Dallas's emergence as a destination for the Wall Street diaspora.
October 05, 2023
Goldman's Create-Your-Own ETF Hub for Clients Debuts First FundsThe consulting service is the first of its kind among the large Wall Street banks.
October 04, 2023
Fidelity Investors Report Trading Platform OutageInvestors had problems with options trading on the site this morning, social media posts indicated.
October 02, 2023
Chase Bank Customers Report Account Glitches, AgainChase customers reported account issues, including trouble with debit card transactions.
October 02, 2023
Fidelity Fined $1.7M for Lax Approval of Options TradersFINRA and the Massachusetts Securities Division fined Fidelity for "rubber-stamping" options trading applications.
September 29, 2023
Dimensional Adds 2 ETFs, More Expansion PlannedWith seven new and forthcoming products, the firm projects 38 funds in the suite by year end.