Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
72% of Advisor Revenue Is Fee-Based: Cerulli
By Michael S. FischerIn contrast, commission-based revenues have plummeted to 23% of an average advisor’s revenue, the study found.
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.
March 10, 2025
SEC Approves Retail-Friendly Blackstone Private Credit FundThe interval fund will offer exposure to areas such as real estate, direct lending and asset-backed loans.
March 07, 2025
T3 Event Highlights: AI, Data Integration and Fintech's FutureThe next era of financial advisory services will be defined by intelligent automation and personalized scalability.
March 07, 2025
Goldman Gives Managers a Choice: Dallas, Salt Lake City or LeaveThe push aims to drive down costs and tap a pipeline of talent emerging in these regions.