Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
20 Years In, T3 Remains an Emerging Tech Barometer
By Timothy WelshA decade ago, the hot topic was robos. Then came direct indexing. Here's what the industry's talking about now.
January 30, 2024
Vanguard Launches Two Tax-Exempt ETFsExpense ratios for the new funds are lower than the average for competing products, the investment giant says.
January 29, 2024
Wells Fargo Boosts CEO Scharf's Pay to $29M for 2023Scharf, 58, took the reins of Wells Fargo in 2019 with the mission of moving it past a series of scandals.
January 29, 2024
Why Vanguard's Bitcoin Stance Is a Good Move: MorningstarThe move by the fund giant is in line with John Bogle's view that investors "avoid bitcoin like the plague," wrote John Rekenthaler.
January 26, 2024
BlackRock's Model Portfolios Shift Billions Into Value StocksThe world's biggest asset manager just triggered a $5 billion reshuffle in its lineup of quantitative-style ETFs.
January 26, 2024
JPMorgan Shuffles Top Managers as Jamie Dimon Prepares SuccessorsThe shuffle, halfway through Dimon's five-year retention package, affects Marianne Lake, Jenn Piepszak and Troy Rohrbaugh.
January 25, 2024
Northwestern Mutual Names Its Next CEOJohn Schlifske plans to step down from the company's CEO post Dec. 31.
January 25, 2024
Schwab-TD Ameritrade Antitrust Suit Lives OnThe judge has set several deadlines in the case for this year and next.