Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
SEC Releases New Marketing Rule FAQs on Performance
By Melanie WaddellThe updated guidance answers questions on advertising extracted performance and portfolio characteristics like Sharpe ratios and yields.
March 18, 2025
72% of Advisor Revenue Is Fee-Based: CerulliIn contrast, commission-based revenues have plummeted to 23% of an average advisor’s revenue, the study found.
March 17, 2025
Gold Tops $3,000 as BofA, Citi Stay BullishConsumer confidence has plunged, inflation expectations have surged, and analysts have been hiking their price targets.
March 17, 2025
UBS Awards CEO Ermotti $17M Amid Political ScrutinyHe is one of Europe’s best-paid bank leaders, but his full-year compensation has been cut since 2023.
March 14, 2025
State Street Tries to Tap Long-Lost Mojo With Private Credit ETFThe ETF, rolled out with Apollo Global, has had only about $5 million of net inflows so far.
March 14, 2025
Capital Group Launches 8 Model Portfolios Built on Active ETFsThe introduction comes in response to advisor demand, the investment manager said.
March 13, 2025
Vanguard Faces Class-Action Suit Over $100 Exit FeeThe charge is a "junk fee" meant to penalize customers who close accounts, the suit contends.
March 11, 2025
How Fink, Wall Street’s Ultimate Key Man, Holds Tight to BlackRockThrough some $30 billion in deals, he aims to make the firm a dominant force in the private and public markets.