Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Bill Gross Casts Shade on Treasurys, Sees 10-Year 'Overvalued' at 4%
By Lara Sanli & Garfield ReynoldsThe Bond King also said shorter-end notes would make more sense for those interested in the market.
January 08, 2024
Grayscale Tops Rivals With Highest Fee on Spot Bitcoin ETF"This fee war is the best possible situation for end investors," said a Bloomberg Intelligence ETF analyst.
January 08, 2024
Stock Rally Over Without Growth Boost: Morgan Stanley's WilsonExpect "twists and turns" in the market in 2024, the equity strategist says.
January 08, 2024
Envestnet's Crager to Step Down as CEOThe news is "little surprise to many, including us," said Doug Fritz, head of the tech consulting firm F2 Strategy.
January 05, 2024
Bitcoin ETF Issuers Clear Major Hurdle on Path to SEC ApprovalSEC commissioners should vote on the exchange-rule filings next week, says a person familiar with the process.
January 05, 2024
Holiday Hangover Grips Stocks & Bonds in Worst Start Since 2003The S&P 500 fell for the first time in 10 weeks, snapping the longest streak of gains in almost 20 years.
January 03, 2024
Fisher Investments Denies Report of Its Possible Sale"Fisher Investments is not being bought by Advent International," the firm said about a Wall Street Journal story.
January 02, 2024
Banks See Higher-Rated Bonds Beating Junk Debt for First Time Since 2020BofA recommends higher-rated bonds over junk debt as rates, earnings and issuance challenge credit this year.