Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Ed Yardeni Is Getting Nervous About the Speed of S&P 500's Rally
By Lu Wang and Alexandra SemenovaThe index "may be starting a tech-led meltup similar to what happened during the second half of the 1990s," he explained.
January 22, 2024
S&P 500 Rises as Stocks Build on Record HighThe index extended its advance above 4,800 early Monday, led by gains in big tech.
January 19, 2024
16 Top Advisor Credentials: CerulliPeople enter the financial advice industry from a variety of backgrounds and with different areas of expertise.
January 19, 2024
S&P 500 Hits All-Time High in Historic Bull RunMarkets are overpricing the pace and amount of Fed-rate cuts while overlooking stubbornly high inflation, warns economist Mohamed El-Erian.
January 19, 2024
JPMorgan Lifts CEO Jamie Dimon's Pay to $36M for 2023The bank had a record profit of $49.6 billion last year, boosted by interest rate hikes and its purchase of First Republic Bank.
January 17, 2024
JPMorgan to Hire This Year on Wealth, Dealmaking RevivalUnlike some rivals, "the number of people we employ has been growing and not shrinking," said President Daniel Pinto.
January 17, 2024
Schwab Slides as CEO Flags Its Most Challenging Time Since 2000"No one at Schwab is kidding themselves that everything is perfect right now," said CEO Walt Bettinger.
January 16, 2024
Goldman Sachs' Wealth, Stock Trading Groups Drive Jump in ProfitsIn the fourth quarter, the bank posted a $349 million gain from the sale of the former United Capital business.