Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Inflation Predictions Are Boosting Interest in This Asset Class
By John ManganaroAt 3%, inflation tops the Fed's target and has been "a pretty big shock for many portfolios," said one investment expert.
August 31, 2023
Schwab, Creative Planning Sued Over $9.5M LossA "reckless and negligent stock options investment strategy" led to the loss of the client's Boeing stock, the suit claims.
August 31, 2023
UBS to Cut 3,000 Jobs, $10B of CostsIts Credit Suisse deal has increased UBS's workforce to about 120,000, which it wants to reduce by some 30% over time.
August 30, 2023
3 Critical Tax Tips for TD Advisors, Clients as Schwab Integration NearsIRA contributions, distributions and tax withholding should be closely monitored, says consultant Grier Rubeling.
August 30, 2023
Fidelity Clients Irate Over Website, App ProblemsOn Downdetector, clients said trading accounts showed no positions or their accounts seemed to be "hidden."
August 30, 2023
Venerable Aims to Power Variable Annuity Issuers' Fund MenusTim Brown will lead the new asset management team.
August 30, 2023
Schwab, TD Ameritrade & Fidelity Sued for Selling 'Fictitious' SharesAn EV maker claims a group of brokerage firms and broker-dealers damaged the carmaker's stock price.
August 29, 2023
Citigroup Unit Pays $2.9M to Settle SEC ProbeFor a decade, the bank's broker had flawed processes in its accounting tied to the underwriting of securities offerings.