Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
BlackRock CEO Sees Annuities as Retirement Plans' Future
By Allison BellLarry Fink's company pioneered the target date fund concept. Now, he believes another revolution is coming.
April 12, 2024
Wells Fargo Misses Interest Income EstimatesThe bank also reported $1.15 billion in net charge-offs, including $187 million tied to commercial real estate.
April 11, 2024
Fidelity Gives Teens 3 Theme-Based Investing BasketsThe thematic stock groups are clothes, shoes and beauty; gaming, social media and connectivity; and entertainment.
April 11, 2024
BlackRock May Escape Texas BlacklistA key state official want to see how the asset manager can be removed from its list of "energy boycotters."
April 11, 2024
Morgan Stanley Wealth Unit Being Probed by Regulators: ReportSeveral agencies want to know if the bank has done enough to prevent money laundering by its wealthy clients.
April 11, 2024
12 Biggest U.S. Banks in 2023Several of them — JPMorgan Chase, Wells Fargo and Citigroup — will report their first quarter earnings on Friday.
April 11, 2024
How a Bit of Bitcoin Could Boost Returns — Even in 60/40 PortfoliosResearch suggests small bitcoin allocations can lift portfolio performance without great volatility.
April 10, 2024
Is It Time to Take Tech Profits and Invest Elsewhere?Technology shares could come under pressure, says Goldman Sachs, which prefers energy and Japanese shares.