Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Why Some Financial Firms Are Wary of AI
By Michael S. FischerCompanies face hurdles in using generative artificial intelligence, according to a recent EY survey.
December 11, 2023
Michael Finke: 3 Critical Lessons From the COVID CrashIt also showed the value of target-date funds, the retirement researcher says.
December 11, 2023
S&P 500 to Hit 5,200 Next Year: StrategistThe target of Oppenheimer's John Stoltzfus implies nearly 13% gains from Friday's close.
December 08, 2023
Mercer Buys Vanguard's Outsourced CIO BusinessThe unit provides investment management services for nonprofit organizations and other institutional investors.
December 08, 2023
Jeffrey Gundlach: 10 Market, Economic Predictions for 2024A recession looms as debt soars and public trust nears all-time lows, the DoubleLine CEO says.
December 08, 2023
FINRA Tried to Ban Firm for 60,000% Fee Hike. It's Fighting Back.Alpine and three other firms are challenging FINRA's power in court; the Supreme Court may rule on the matter next year.
December 07, 2023
Treasury Rally on Fed Bets Is Just Getting Started: BofAThe bank forecasts the benchmark yield to end next year at 4.25%, not too far off current levels.
December 07, 2023
Best & Worst Broker-Dealers: Q3 Earnings, 2023The latest earnings included a big loss for one firm, declines for four and stronger results for six.